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Banca Monte dei Paschi di Siena S.p.A. (BMPSY) Discusses Strategic Merger to Create Leading Italian Banking and Wealth Management Group Transcript
Banca Monte dei Paschi di Siena said it is launching all-share bids for Italian peers Banco BPM and Banca Generali with a total value of $39.73 billion.
Monte dei Paschi di Siena's CEO Luigi Lovaglio will present a strategy to the Italian bank's board on Thursday to counter bigger rival Intesa Sanpaolo's €36 billion takeover bid, three people close to the matter said.
Italian Prime Minister Giorgia Meloni hopes Monte dei Paschi di Siena (MPS) won't end up "dismembered" as a result of a takeover bid launched by the country's biggest bank Intesa Sanpaolo , she told financial newspaper Milano Finanza on Friday.
Banca Monte dei Paschi di Siena S.p.A. (BMPSY) Q2 2026 Earnings Call Transcript
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