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Published 2 hours ago • loading... • Updated 2 hours ago

The Italian Banking War Rages, the World's Oldest Bank Is Moving Forward

Summary by Portfolio

Banca Monte dei Paschi di Siena (MPS) confirmed in a statement on Monday that it will maintain its bids for Banco BPM and Banca Generali even if Intesa Sanpaolo acquires the bank. The Italian bank stressed that the offers are irrevocable and independent of Intesa’s acquisition initiative, Bloomberg reports.

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1 Articles

The Italian Banking War Rages, the World's Oldest Bank Is Moving Forward

Banca Monte dei Paschi di Siena (MPS) confirmed in a statement on Monday that it will maintain its bids for Banco BPM and Banca Generali even if Intesa Sanpaolo acquires the bank. The Italian bank stressed that the offers are irrevocable and independent of Intesa’s acquisition initiative, Bloomberg reports.

2 hours ago·Budapest, Hungary

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100% Center

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Portfolio broke the news in Budapest, Hungary 2 hours ago on Monday, September 14, 2026.

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