Italy May Accelerate the Sale of Its Stake in Monte Paschi

[ad_1] Italy may accelerate the planned sale of a stake in Banca Monte dei Paschi di Siena SpA to boost public finances as growth slows, according to Foreign Minister Antonio…

Italy to hand Monte dei Paschi CEO Lovaglio new mandate

[ad_1] Deputy Chief Executive of Pekao Luigi Lovaglio presents the company results during a media conference at the bank’s headquarters in Warsaw March 9, 2011. REUTERS/Kacper Pempel Acquire Licensing Rights…

Italy starts sale of 20% Monte dei Paschi stake to investors

[ad_1] View of the entrance to the headquarters of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a…

Italy Starts 20% Sale of Paschi in Accelerated Book Building

[ad_1] Italy is selling about 20% of Banca Monte dei Paschi di Siena SpA for at least €728 million ($796 million), as part of its plan to divest from the…

Monte dei Paschi beats quarterly profit forecast

[ad_1] State-owned Monte dei Paschi di Siena has today became the latest Italian bank to surprise markets with stronger-than-expected third-quarter earnings thanks to a boost from higher rates. Monte dei…

Italy not tied to any deadline to exit Monte Paschi, FinMin says

[ad_1] View of the entrance to the headquarters of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a…

Monte Paschi Sale Process Kicks Off as Italy Hires Advisers

[ad_1] Italy began the process of selling Banca Monte dei Paschi di Siena SpA by hiring advisers as Prime Minister Giorgia Meloni seeks to maximize the value of the state’s…

Monte dei Paschi CEO: bank’s focus is on strategic plan

[ad_1] MILAN: Monte dei Paschi di Siena (MPS) is set on implementing its business strategy which has already yielded results but can drive the bank’s value higher, CEO Luigi Lovaglio…

Italy has no buyers for Monte dei Paschi, eyes small share sales instead of exit, sources say

[ad_1] General view of a branch of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned business…

Meloni’s allies clash over plans to sell Italy’s Monte Paschi bank

[ad_1] ROME: Italy’s governing coalition is fighting over plans to sell state-owned assets, including the world’s oldest bank, to bolster finances stung by a souring economic outlook. Deputy Prime Minister…