Formally called Banca Monte dei Paschi di Siena, it is widely known as the world’s oldest bank, founded in Siena in 1472. It was long a problem child, hamstrung by poor lending decisions ...

have rejected Monte dei Paschi di Siena (MPS) takeover bid, a shareholder said on Wednesday after a pact meeting. February 18, 2025 Net profit at Italy's top banks rose 8% to 24 bln euros last ...

In 2008, Monte dei Paschi di Siena entered complex derivatives deals with Deutsche and others. Italian criminal prosecutors later alleged that the transactions were designed to conceal losses from ...

Investing.com -- Banca Monte dei Paschi di Siena SpA, an Italian banking institution, reported a fourth-quarter net income of €384.9 million ($400 million), surpassing the analysts' projected ...

MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of ...