MPs call for banking hubs to sell stamps to counter Post Office closures
Hubs set up to compensate for the loss of high street banks should also offer postal services to help stem the tide of Post ...
The Banker6d
MPS launches €13bn takeover bid for Mediobanca; Commerzbank CEO reportedly declines merger talks with UniCredit boss
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...
Yahoo Finance6d
Monte dei Paschi bids for Mediobanca as Italian banking drama escalates
Having spent 5.4 billion euros in 2017 to rescue MPS and avert a wider crisis, Italy had said its reprivatisation had to help to create a third major player in Italian banking. MPS is offering 23 ...
Italy's Mediobanca, Monte Dei Paschi Extend Losses After MPS Surprise Bid on Merchant Bank
ROME (Reuters) - Shares in Italy's Mediobanca and Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the state-backed lender launched a surprise 13.3-billion-euro ...