In recent years, the Bank has been the subject of three offers. Behind the interest are extremely solid industrial and financial fundamentals.
Monte dei Paschi responded to Consob's request for additional information and spoke of "irrevocable" offers, independent of the outcome of Intesa Sanpaolo's takeover bid. "We will not close Banco BPM branches."
The leaders of OpenAI and Anthropic have called for a development slowdown to manage risks and protect humanity, while OpenAI wants to postpone its IPO, scheduled for this year. Asian stock markets are seeing sharp declines. European stocks are expected to...
The long-distance banking battle between MPS and Intesa Sanpaolo is heating up. The Siena-based bank's CEO, Lovaglio, defends his double takeover bid and maintains that Banco BPM will not be split up, but an analysis in Il Sole 24 Ore...
Bond yields remain under pressure. Banks are performing well on the Milan Stock Exchange, with Intesa Sanpaolo standing out. Stellantis remains largely unchanged following CEO Antonio Filosa's comments on the group's future.
UniCredit approves the capital increase for its Commerzbank offer. ECB talks are underway; Orcel meets with German Finance Minister Klingbeil on Monday.
Oil prices return to their highest levels since July, driven by tensions in the Middle East. All European stock markets are in the red, while gas prices rise and bond yields are on the rise. Anticipation for the ECB is growing.
Wall Street was weighed down yesterday by the software and crypto sectors, while Intel and Qualcomm soared. Apple will unveil its iPhone Duo today. Tech stocks remain strong in Asia. The yen confirms its gains against the dollar, and Bessent challenges the market. Stock markets…
Financial markets remain unsettled in the wake of geopolitical tensions that are pushing oil prices close to $100 a barrel. Piazza Affari recovered late in the day (-0,1%) and remained above 52.000 points. Among the stocks that were gaining ground was Telecom Italia...
Gas prices are rising, and government bond yields are also rising. In Milan, Inwit, Telecom, and Fincantieri are doing well, while Stm and Avio are down. Raw materials: Copper hits a new record high.
Markets are under pressure on the prospect of rate hikes by major central banks. In Asia, the Kospi stands out with a 1,2% gain, but the focus is on the yen, which is at a seven-month high. Europe is expected to open around…
Today, Thursday, September 10, shareholders will be called to approve the capital increase needed to finance the transaction. Over 90% of the votes could vote yes. Sixty percent of the synergies could be achieved as early as 2028; Generali will only receive one financial investment.
Asia is led by technology stocks: the Kospi is nearing 7.000 points (+4,3%), following Wall Street's rally on Friday, thanks in part to OpenAI's new model. European stocks are expected to open little changed. At Piazza Affari...
Undersecretary Freni promises that "the Government will not influence the game of risk," but fails to resolve the issue of the Ministry of Economy and Finance's exit from MPS.
It should have been a contest over Europe: it turned into a clash over fascism and the Constitution. The long-awaited confrontation between Monti and Vannacci captured the attention of the second day of the Cernobbio Forum. But it seemed like a game...
European stock markets are cautious as they await U.S. labor market data, a key indicator for the Fed's next moves. Buying returns to tech stocks, while oil and gas prices decline slightly but remain at elevated levels.
Yesterday, Wall Street closed sharply higher, thanks to the tech and software sectors. US jobs data is expected today. European stocks opened slightly higher. At the Milan Stock Exchange, attention is focused on the banking risk game and Eni.
The ECB has given a double green light to Monte dei Paschi di Siena: Frankfurt has authorized the merger with Mediobanca, which could be put to a vote at the October 29th shareholders' meeting along with the dual takeover bid for Banca Generali and Banco BPM, and has…
The €13 billion acquisition of Hugging Face demonstrates Nvidia's desire to further expand into AI and gives confidence to the entire high-tech industry. The Milan stock exchange, driven by Lottomatica's strong recovery, regains the 52 mark, thanks in part to the banks. Gold...
Inflation fears and expectations of an interest rate hike by the ECB and Federal Reserve this month remain in the background. In Asia, attention is focused on the yen's sudden recovery, which could obscure...
According to Mediobanca Research, following its successful takeover of Commerzbank, UniCredit needs a move in Italy to become a truly European bank. And in Germany, a reverse merger of HVB into Commerz would be advantageous.
European stock markets fell mid-session, held back by a renewed wave of bond selling and rising yields. Oil remains above $90, fueling inflation concerns. Banks were mixed on the Milan Stock Exchange.
Rising global bond yields have become the dominant theme on financial markets, impacting global stock markets, which have also posted significant losses. The exception is Dell Technologies, which jumped 8% in after-hours trading following the data. European stock markets are expected to open in…
European stock markets closed sharply lower, weighed down by tensions between the United States and Iran, rising oil prices, and bond yields. Milan slipped below the psychological threshold of 52 points - Follow the LIVE coverage.
Financial Stability Board Chairman Andrew Bailey warns that more advanced models could change the speed, scope, and cost of cyber attacks. Dependence on a few technology providers is also under scrutiny, while leverage and high valuations are multiplying the…
Renewed tensions in the Middle East and the prospect of rising interest rates are putting pressure on stock markets. Asian markets are down slightly, and European ones are expected to do the same. At the Milan Stock Exchange, Eni is keeping an eye on the market.
Interview with Professor Angelo Baglioni, full professor of Political Economy at the Catholic University of Milan. "The risks of implementing the Lovaglio plan are high, and convincing Credit Agricole to cede control of Banco BPM will be very difficult." The community…
Fed Chairman Kevin Warsh will make his debut today at the annual Jackson Hole symposium with a speech expected around 4:00 PM Italian time. Investors are waiting for an indication of the path of U.S. interest rates.
In an interview with Il Sole 24 Ore, Unipol's president weighs in on the banking risk and reassures the market and politicians. The message is clear: no splitting up at MPS.
European stocks fell after the US inflation data, as anticipation mounted for Friday's Fed chairman speech. In Milan, Stm and Prysmian rose, while Campari, utilities, and banks fell.
Ndivia's impressive data pushed the stock higher in the after-hours session, also positively impacting Asian markets, despite the Bank of Korea's rate hike. European markets opened higher. At the Milan Stock Exchange, eyes are on STM and Generali.
Intesa has put forward "observations and considerations regarding critical issues that emerged from operations announced after the launch of the takeover bid" on MPS • Passivity Rule: what it is and how it works by Vittoria Patanè
Green financing for the construction of a new photovoltaic system, with an innovative financial structure compliant with the green loan principles and fully aligned with the EU taxonomy
BlackRock, Vanguard, Norges, and Amundi own more than 10% of both banks' capital. Their decisions will be crucial at the shareholders' meetings on September 10 (Intesa) and October 29 (MPS).
Wall Street closed higher yesterday thanks to a renewed push from tech, which also provided support to Asian markets. European markets opened slightly higher. At the Milan Stock Exchange, attention was focused on banks, Eni, and Juventus.
Banco BPM unanimously blocks Lovaglio's plan to acquire the Milanese bank. In turn, Economy Minister Giorgetti assures that the stake in MPS still held by the Treasury will not be sold so as not to favor any of the offers...
Anticipation for Nvidia's financial statements is boosting tech stocks, and European markets are overcoming economic D-Day fears. In Milan, attention is on banks, awaiting the Banco BPM board meeting. Eni and luxury goods are selling off. Bitcoin is at its highest...
Asian stocks are falling, led by Samsung and Alibaba. Oil prices are falling ahead of U.S. guidance on Iran sanctions tonight. European stocks are seen opening at parity. Keep an eye on the banking game.
The head of Intesa Sanpaolo's Banca dei Territori division spoke at the Rimini meeting, on the occasion of the "Youth, Work and Demography" conference, discussing the bank's hiring program and strengthening its support for SMEs.
The passivity rule could shape the Italian banking landscape, impacting the future of predatory banks and their takeovers. Here's the relevant legislation and how the rule impacts Lovaglio's countermoves.
The double takeover bid by MPS didn't warm Piazza Affari, which closed unchanged after a session of gains for the main European stock markets. Gold returned to the rally, supported by the weak dollar and the U.S. Treasury's moves to cool yields...
Banking risk dominates the Milan stock market after MPS's double takeover bid for Banco BPM and Banca Generali. The market reacts cautiously, while the euro rises and oil remains above $93.
U.S. Treasury Secretary Bessent said that the acceleration of government debt buybacks could exceed the $4 billion announced, but it's not enough to halt the renewed rise in yields. Walmart collapses on Wall Street. In Milan...
MPS PRESS RELEASE - A majority of MPS shareholders approved the dual takeover bid for Banco BPM and Banca Generali proposed by CEO Lovaglio to counter Intesa Sanpaolo's takeover bid. The plan calls for partial use of the Generali stake...
According to Il Sole 24 Ore, MPS CEO Luigi Lovaglio is ready to present his bickering board members with two options to resist Intesa's takeover bid. But the road to Siena's independence and integrity is paved with obstacles.
According to Bloomberg, German government officials are willing to discuss a possible sale to Unicredit if the two institutions manage to agree on a common strategy, but relations between Orlopp and Orcel are far from relaxed.
European stock markets remained stable at midday, with Piazza Affari buoyed by STM and Prysmian. Oil returned to the $90 mark amid a stalemate in Hormuz, while Wall Street futures were mixed.
European stock markets are mixed as they await news on the US-Iran truce. In Milan, Stm and Prysmian are rising, while gold is climbing back toward $4.400.
European stock markets were mixed at midday, with the DAX gaining strength and the Milan Stock Exchange flat. Fincantieri and Amplifon rose 3%, while oil and tensions over Iran remained prominent.
European stock markets are little changed on the eve of mid-August. Milan is unclear. In Asia, the Kospi continues to rise, while oil prices rise again and gold's rally stalls. Defense is performing well at the Milan Stock Exchange, with Leonardo and...
European stocks saw little change during the August bank holiday week, while oil prices rose amid Hormuz concerns. Prysmian and STM performed well in Milan, while Wall Street futures were mixed.
European stock markets were cautious and trading lightly during the August bank holiday week, while Tokyo rose more than 2%. Oil rose on Hormuz concerns, with US inflation, the Fed, and the Bank of Japan all eyes on the matter.
Intesa Sanpaolo, Unicredit, Banco BPM, MPS, and BPER exceeded €15 billion in profits in the first half of 2026, up 3,7%. Commissions and insurance increased, while branch numbers and employment declined.
European stocks rose mid-session, with eyes on the Middle East and the Iran-Oman deal. Some rose, some fell in Milan. Gold and silver stood out, rising again after a long hibernation: here's why.
Stock Market Today: Europe is watching developments in the Middle East, where doubts about the reopening of the Strait of Hormuz are rekindling fears of oil supply disruptions. Rising and falling on the Milan Stock Exchange
MPS, half-year results. Integration with Mediobanca by the fourth quarter. CEO Lovaglio to shareholders on the Intesa Sanpaolo takeover bid: "A strategic bank for Italy; divided in two, it loses its power." Banco BPM? "Like in the Odyssey, some routes close and…
Unipol closed the first half of the year with a consolidated net profit of €1.056 million, up 42% compared to the same period in 2025, including BPER's contribution for the entire six-month period. Financial management performed well: capital gain…
A moderately positive day for European stock markets, with Milan hovering around the record 54 basis points. Wall Street, however, is in the red: Sandisk is down more than 4% after its quarterly results. Oil is back above $80...
All eyes are on negotiations between Iran and Oman over the Strait of Hormuz. Banco BPM is rising on the Milan Stock Exchange after its revised 2026 targets, while BPER is also performing well. Stm is under pressure after the sell-off in Asia.
European stock markets lose momentum amid Hormuz concerns. Brent returns above $80, Milan holds steady with Lottomatica, while Wall Street futures remain positive and Paramount and McDonald's accounts are convincing.
European stocks are rising, following Wall Street and Asia. Milan is hitting its highs with TIM and Leonardo, while oil and gas prices are falling on Hormuz hopes.
UniCredit has taken another step in its gradual takeover of Commerzbank: German banking regulator BaFin has authorized it to exceed 30% of the bank's capital. The next steps
Asian stock markets surge, led by the Kospi and Nikkei, Wall Street refreshes its highs, and futures anticipate a positive start in Europe. Oil prices continue to decline on hopes for Hormuz.
Tyche Bank is raising interest rates on its ContoTe savings account to 3,65% gross annualized. No management fees or stamp duty are charged to the bank.
Banca Ifis closed the first half of 2026 with a profit of €8 million and revenues of €406,5 million. The target of €75 million in synergies from 2027 was confirmed.
Bper joins Sace's Internationalization Guarantee and Archimede Guarantee to support exports, infrastructure, innovation, and sustainable transition.
European stock markets surge amid falling oil prices and hopes for a thaw between the US and Iran. Milan rises nearly 1%, while Prysmian loses ground. Wall Street futures are positive. And Nissan returns to profit.
According to the Financial Times, MPS is evaluating alternative options to fend off Intesa Sanpaolo's takeover bid, including a potential acquisition of Banco BPM. However, the Siena-based bank is subject to the passivity rule. Meanwhile, Giorgetti has also received an institutional request.
European stock markets began August on a high note, buoyed by the resumption of dialogue between the United States and Iran and the collapse of oil prices. In Milan, Unipol and Prysmian rose, while energy stocks fell. In Asia, the United States and Japan intervened...
Following Banco BPM's decision to suspend consultations with MPS, the only certainty remains Intesa Sanpaolo's €30,6 billion takeover bid for Siena. Lovaglio: "Excessive concentration could hinder…
MPS-Banco BPM: No way, the deal is off. The board of directors of Banco BPM has unanimously resolved to suspend consultations on the potential merger with Siena. The letter follows Crédit Agricole's refusal. Monte dei Paschi's response: "We'll take...
To find the causes of the new upward trend, we need to return to Thursday's strong Wall Street data from Microsoft and Amazon, which then paved the way for Asia and Europe as well. The London Stock Exchange recorded...
Tech investment appetite has returned following positive results from Microsoft and Amazon. Apple, however, disappointed investors and fell in after-hours trading. European stock markets opened higher. At the Milan Stock Exchange, eyes are on Leonardo, StM, and...
The transaction involves Cassa Centrale Banca's subscription to a reserved capital increase of 40 million euros, corresponding to a 15% stake. Ente Cambiano will continue to hold the majority of the capital and will carry out…
In an interview with CNBC Europe, Intesa Sanpaolo CEO Carlo Messina confirmed his commitment to MPS: "It's essential to accelerate the business plan, thus bringing its implementation forward by three years." Unicredit? "We're friends, we can collaborate in the future too…
In the second quarter alone, revenues rose to €370,9 million. Exclusive agreement with CNP Assicura to strengthen the life insurance business. CEO Foti: "Excellent results."
Volatility is the hallmark of the stock markets these days, buffeted by the conflicting winds of quarterly results from US and Asian companies, while the Fed is failing to clarify the interest rate outlook and causing a surge in bond yields.
The Senate Finance Committee approved the nomination of Guido Stazi as Consob president. FI representatives were absent. Stazi spoke of a "strengthened" Consob that maintains "neutrality and equidistance from special interests."
Banca Generali closed the second quarter with a profit increase of 69,5% to €152,3 million. In the six months, consolidated net profit reached €278,7 million (+39,2%) thanks to a record level of recurring income. The target is higher…
Profits will exceed €10 billion in 2026, with a €3,8 billion interim dividend in November. CEO Messina: "There's no chance of a relaunch of MPS; we'll be a safe haven for Siena shareholders."
These are hectic hours at Rocca Salimbeni and Piazza Meda, as managers are trying to craft a convincing proposal. But the road to the merger between MPS and Banco BPM remains uphill. Today, Intesa faces a final reckoning.
Investors appear to be easing their pressure ahead of this week's quarterly data from tech giants in the US and South Korea. The Fed is also due tomorrow. European stock markets opened slightly lower. At Piazza Affari...
The decline in oil and gas prices supports sentiment following renewed signs of easing tensions between Washington and Tehran. The slowdown in crude oil prices weighs on Eni and Tenaris - Follow the LIVE coverage.
After surpassing $100 last week, Brent crude, considered a barometer of tensions in the Middle East, fell to $90. Asian stock markets are mostly positive, with attention focused on the Chinese CXMT phenomenon...
Interview with FABRIZIO MANNARI, General Manager of Castagneto Banca 1910, a Cassa Centrale BCC in Tuscany that won the Iccrea tender and is preparing to acquire 15% of Banca Cambiano 1884 with unprecedented scenarios for the…
The FSAP assessment concludes: solid banks, strengthened supervision, and greater resilience. Areas of focus include cyber risk, climate change, and non-bank finance.
Stock markets were at a two-speed swing in the final session of the week, with Europe rising and America falling. Oil gave European markets a boost, while the storm originating in South Korea and hitting stocks...
After years of accusations and attempts to resist, Commerzbank's top management has surrendered to the new balance of power that potentially gives UniCredit control. Weidmann: "We would have liked it to be different, but the majority at the next general meeting are…
European stock markets closed higher after oil prices recovered below $100 and banks led the way. At the Milan Stock Exchange, the FTSE MIB rose 0,94%, with banks leading the way, while Poste Italiane remains under pressure.
As already seen for Banco Santander and Unicredit, also for the French giant Bnp Paribas the second quarter closed with a shower of profits and results above expectations
Speaking to analysts, Orcel specified that a possible merger with Commerzbank would take two or three years. • MARKETS Unicredit has its best six months in its history. By FIRSTonline Editorial Staff
Wall Street saw Alphabet plunge in after-hours trading yesterday due to its massive, above-estimate capital expenditures. But Asian chipmakers believe they're benefiting from this spending. Stocks...
According to Isybank, young people are more careful about saving and make financial choices oriented towards sustainability, with the mechanism created by the digital bank that rewards virtuous actions of customers
In the first six months of 2026, the Spanish giant posted profits of €7,33 billion, a result driven primarily by an increase in customers, which rose by 12 million in the last year. Targets confirmed.
After Wall Street kicked off a new tech rebound, Asia followed suit this morning, at least in the early part of the session, before paring its gains towards the end. Quarterly results from major stocks like Alphabet are expected today,…
A slight drop in oil prices from one-month highs was enough to revive Asian stock markets. The second wave of quarterly earnings, with headlines popping up, is expected this week in the United States. European stock markets opened at par. A…
Euromoney has named Intesa Sanpaolo the best Investment Bank in Italy in 2026, recognizing the role of its IMI CIB Division.
At the end of a board meeting that began this morning, the MPS board spared no criticism of Intesa's offer, starting with the stake in Generali, which would go to a direct competitor. Banco di Napoli's proposal, however, has gained traction...
The project aims to attract capital, support new industrial settlements in the South and extend the benefits of simplified procedures to the North as well.
After a positive close on Wall Street, the Kospi and Nikkei fell in Asia, but TSMC data was astonishing. European stock markets are expected to open slightly higher. At the Milan Stock Exchange, attention is on banks, Danieli, and De'Longhi.
