Results for "Mediobanca"

The Italian insurance giant stated that the proposed acquisition by Mediobanca presents significant growth opportunities, aligning with its strategic expansion plans in the banking sector.

An economist and former president of Assogestioni, Messori, stated that Mediobanca will be strengthened by a successful takeover bid and urged the government to avoid further interference.

The boards of Italian banks Monte dei Paschi di Siena (MPS) and Mediobanca have approved their merger, with Mediobanca's brand set to be retained and its stake in Generali maintained.

Monte dei Paschi di Siena, Italy's third-largest bank, projects a €3.7 billion profit by 2030 following its deal with Mediobanca.

The Italian stock market, Piazza Affari, is reportedly losing value, with concerns around Mediobanca and its synergies with Mps. The trend suggests that delisting from the Italian stock exchange is becoming a structural phenomenon.

Monte dei Paschi's board has given the green light to a merger with Mediobanca and a plan to delist the bank.

After acquiring Mediobanca, Monte dei Paschi di Siena, the world's oldest bank, is reportedly planning to take over two more competitors to prevent its own breakup.

Mediobanca announced a net profit of €323 million for the quarter, demonstrating a firm financial performance. Separately, the Vatican Bank reported a profit of €51 million for the year 2025.

Italy's MPS and Mediobanca have approved their merger plans following a period of boardroom crisis.

(ANSA) - ROME, MAR 9 - After a sharp decline in the early part of the session on Iran war fears and oil price hikes, the Milan Stock Exchange recovered in line with other European stock markets and the FTSE MIB index closed just 0.29% down at 44,024 points. On the main board, Cucinelli (-3.8%) and Stellantis (-3%) fell. Among banks, Mediobanca (-3.1%) and MPS (-1.6%) suffered sales ahead of the board meetings for the share swap. Leonardo (+6.6%) and Saipem (+4.8%) rose. Nexi (+3%), Eni (+2.3%...

(ANSA) - ROME, FEB 27 - Monte dei Paschi di Siena's (MPS) new business plan targets 3,7 billion euros in profits by 2030 and 16 billion euros for shareholders, the Tuscan lender said Friday. MPS has approved its 2026-2030 business plan, which, thanks to the merger with Mediobanca, makes it the "third-largest Italian banking player" with over 7 million customers. The group, according to a statement, expects to achieve adjusted net profit of €3.3 billion in 2028 and €3.7 billion by 2030, and to...

Mediobanca Shares Rise After Monte dei Paschi Outlines Delisting Plan  The Wall Street Journal

Vote boosts Monte dei Paschi chief Luigi Lovaglio before his three-year term expires in April

The article details the career of MPS CEO Lovaglio, highlighting his past successes in conquering Mediobanca with Caltagirone's support and winning an assembly vote against attempts to replace him. He now faces new challenges at MPS.

Monte dei Paschi and Mediobanca have officially approved a full merger plan, signaling a significant consolidation in the banking sector.

Monte Paschi Reaches Deal on Terms of Mediobanca Merger  WSJ

(ANSA) - ROME, MAR 3 - After closing down 1.97% on Monday amid the financial turmoil triggered by war in the Middle East, the Milan stock exchange suffered more major losses in early trading on Tuesday, with the FTSE Mib index shedding 2%. Finance stocks were the hardest hit again, with Unipol (-4%), Prysmian and A2a (-3.6%), Generali (-3.4%), Mediobanca (3.7%), Unicredit (-3.3%) Popolare Sondrio (-3.2%), Bper (-3%), Banco Bpm (-3.1%), Mps (-3%) among the biggest losers. Shares in luxury and ...

Prosecutor Viola testified to the banking commission about alleged collusion between Delfin and Caltagirone, active since 2019, to gain control of Generali.

Monte dei Paschi's board has given the green light to a merger with Mediobanca and a plan for delisting the company.