Monte Paschi Offers to Buy BPM, Banca Generali for €34 Billion
Banca Monte dei Paschi di Siena SpA is seeking to buy two separate banks for a combined value of €34 billion ($40 billion) as it seeks to prevent being bought by rival Intesa Sanpaolo SpA.
Syndicated via official news feed
Syndicated feed content with full publisher credit.
More in Business
Continue reading verified coverage and related developments on this desk.
More from Business
Latest developments and reports from the desk
Faisal Islam: Why bond market wildfire is keeping world leaders up at night
Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
EU Moves to Support Ukraine Grain Exports and Shield Farmers
The European Union is looking “at all possible lanes” to support grain exports from Ukraine and is working to blunt the financial impact of extreme weather on farmers as part of a responsibility to safeguard global…
India Raises Record $127 Billion in Forex Deposits From Diaspora
India garnered a record of about $127 billion in foreign-currency inflows from its 35-million-strong diaspora since June through a special dollar-swap window, giving policymakers a bigger cushion to support the rupee…