Why Italy's Pre-Eminent Investment Bank Wants to Avoid a Merger
Mediobanca used to cut backroom deals for Italy’s powerful. Now, it has to fend off pressure from the government, and possibly some of its own shareholders, to stay solo. On Friday, the investment ban ...
Bank M&A in the new Italy evokes old Italy’s flaws
Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former ...
Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca
Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer ...
Factbox-Key Shareholders in Italy's Banking Battles
The situation is made more complex by key shareholders in the banks involved owning stakes in other lenders as well as ...
J.P. Morgan Sticks to Their Buy Rating for Intesa Sanpaolo SpA (0HBC)
J.P. Morgan analyst Delphine Lee maintained a Buy rating on Intesa Sanpaolo SpA (0HBC – Research Report) today and set a price target of €5.00.