A week ends under the banner of purchases for the world financial markets, which witnessed the inauguration of Donald Trump, ...
By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) - Monte dei Paschi (MPS) CEO Luigi Lovaglio has ...
Caltagirone last year expanded his investments in Italy's financial sector and is now a key shareholder in bailed-out bank ...
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies' accelerating investments into artificial intelligence. The European Commission said that ...
In a bold move to consolidate Italy’s banking sector, Monte dei Paschi di Siena (MPS), the world’s oldest bank, unveiled a ...
The big hope is that Europe will move faster to implement reforms in the face of competitive threats from the U.S. Billed business-a metric that represents cardholder spending-increased 8% from a year ...
Attention focused immediately on the intentions of the billionaire Del Vecchio and Caltagirone families. The late Leonardo ...
Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy ...
By Valentina Za and Gianluca Semeraro MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined in the ...
A tie-up between two major Italian lenders would bring lopsided benefits to different groups of shareholders. Chris Hughes is ...
Italian lender Monte dei Paschi di Siena announced on Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for peer Mediobanca in a surprise move that could reshape the country’s ...
Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former ...