The royals will make a state visit to Italy in April, which coincides with their 20th wedding anniversary. WhatsApp alleged last week that Paragon Solutions spyware was used to target users of the ...

Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector.

The two are also the main shareholders in Mediobanca and Generali Italy's top insurer and a large holder of domestic government bonds.

Tuscany's bailed-out Monte dei Paschi unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca. Monte dei Paschi, which required state rescue in 2017 after years of ...

So when Paschi announced an unsolicited €13.4 billion ($14.1 billion) offer for larger rival Mediobanca SpA on Friday morning, Italy’s financial sector was in shock. The government had as recently as ...

(Bloomberg) -- The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization. So when Paschi announced an unsolicited ...