A merger with Monte dei Paschi could have been 13% accretive to the bank’s per-share earnings by 2027 but at a cost of a potential 30% dilution of its tangible book value, according to Citi.

Monte dei Paschi expects necessary approvals for Mediobanca bid by end-June, CEO says Monte dei Paschi expects to receive all the relevant approvals to launch its takeover offer for Mediobanca by ...

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 ...