Another day, another chunky Italian bank merger. On the face of it, Thursday’s decision by $9 billion BPER to lob in a $4.5 ...

By Andrea Mandala and Valentina Za MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) ...

By Elvira Pollina MILAN (Reuters) -French telecoms group Iliad and CVC Capital Partners have separately informed the Italian ...

State-backed Monte dei Paschi di Siena on Thursday posted a smaller than expected 5% quarterly drop in net income due to ...

MILAN (Reuters) - One of Generali's biggest investors is considering challenging the reappointment of longstanding CEO ...

The latest unsolicited bid in Italian banking follows similar moves by UniCredit on Banco BPM and state-backed Monte dei ...

Italian financiers rarely opt for a simple plan where a complicated one would do. That shows in a five-way pile-up taking shape between the country’s banks and insurers. It’s a power struggle that ...

UniCredit acquires stake of less than 4 percent in Generali Group, according to people familiar with the matter.

The Milan-based bank said its holding is “a pure financial investment” and asserted that it has “no strategic interest in ...

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 profit ...

The CET1 ratio, excluding Russia, is projected to stabilize at 15.2% by the end of 2025, supported by Basel IV implementation. CEO Strobl outlined expectations for profitability at around 10% in 2025, ...