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 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...
63,88% of the capital was present at the meeting. The authorization process now begins, with approximately 40 approvals expected before the launch of the offering. CEO Messina reassures Siena and Generali: "We will protect their identity, stability, and independence."
After the ECB's expected rate hike, Lagarde's comments on future moves have arrived, while oil and gas prices continue to surge. But there's also anticipation for the US, with the PPI, Oracle's quarterly results, and...
After Wall Street and Asian stock markets showed weakness due to geopolitical tensions and the rising price of oil, European stocks opened slightly higher. At the Milan Stock Exchange, eyes are on MPS, Webuild, and Intesa Sanpaolo.
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.
The mission, carried out with Innovit, includes meetings with American space industry operators, investors, and potential partners. The tool analyzes information on 560 million companies in over 170 countries to identify new commercial and industrial opportunities.
Global demand for gold jewelry continues to decline. After an 18% decline in 2025, the first half of 2026 is expected to see a further 21% decline, particularly sharp in the Middle East, the United States, and Asia. The data, compiled by Intesa Sanpaolo...
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.
The goal is to expand access to credit for local businesses and foster the growth of the Egyptian agri-food sector. The CDP guarantee is fully counter-guaranteed by the EU.
Discussions are underway between the Italian Markets Authority (AMRA) regarding the trio of offers that have sent the market into turmoil. From Siena, the President of the Tuscany Region, Eugenio Giani, is asking the Ministry of Economy and Finance to present its position at the Siena meeting on October 29th.
The initiative is promoted by the CDP Foundation, a non-profit organization of the CDP Group, with the participation of Intesa Sanpaolo through the Impact Department of the Banca dei Territori Division.
The company is providing a total grant of €300, awarding €100 each to the three best selected projects. The winning companies will also access a 12-month development program.
Eight new exhibition projects in Milan, Naples, Turin, Vicenza, and Arezzo. In the first half of 2026, over 434 visitors were attracted to the four Gallerie d'Italia locations, a 4% increase compared to the same period in 2025.
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…
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.
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).
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...
Tuscany Region President Giani, also on behalf of Siena's local authorities, intends to ask Minister Giorgetti to consider using the Golden Power to block the dismemberment of MPS following the Intesa Sanpaolo takeover bid. But what would…
Following the countermoves announced by MPS between Thursday and Friday, the markets' eyes remain on the Italian risk game. The FT also expressed a negative opinion on the operation, along with doubts from S&P Global.
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.
Lovaglio's countermove to escape Intesa is astute but not without danger. Besides convincing his shareholders to approve him at the October meeting, the Monte dei Paschi CEO must contend with Banco BPM and, above all, Crédit Agricole, with...
The government had promised to remain neutral on the banking risk, but once again it couldn't resist the temptation to support MPS by overriding the freedom of the market. A leopard can change its spots, but not its vices.
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.
"The Assoreti results confirm once again the solidity of our model and the trust that customers and professionals continue to place in us", comments the manager
The company accelerated in the first six months of the year, supported by growth in the Life segment and the expansion of its Protection business. Its capital position is also solid, with assets under management at €186,5 billion and a solvency ratio of 248%.
More than 155.000 students and teachers are involved in Italy and over 13 students abroad thanks to innovative and interactive courses that prepare young people for the economic challenges of the future.
The bank announced that, in the period between 27 and 31 July, a number of ordinary shares equal to approximately 0,13% of the share capital were purchased on the regulated market.
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.
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...
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…
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.
Intesa Sanpaolo Assicurazioni's new multi-line policy offers guided investments and an asset allocation that is updated over time. The four options are tailored to the client's age, risk profile, and specific needs.
The four stages of the Italian Stock Market Opportunities Conference 2026 have concluded: 27 Italian listed companies, 106 institutional investors and 240 meetings between Lugano, Milan, Madrid and Paris were involved.
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
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.
According to Messina, the offer launched for MPS "is clear and transparent," with a "totally fair" valuation. The Siena board will meet on Thursday: the market awaits evaluations of the proposals from Intesa and Banco BPM.
Finally, Consob has made a clean sweep with the selection of a highly independent and highly professional expert like Guido Stazi as its President. The evaluation of Intesa Sanpaolo's prospectus for the takeover bid for Monte dei Paschi will be…
A free digital tool based on neuroscience, psychology, and behavioral economics to help people better manage their relationship with money and reduce financial anxiety.
Despite the successful takeover bid, the road to taking control of Commerz will still be long, and the German government may try to interfere further. Meanwhile, in Italy, Unicredit is studying several dossiers, including the possibility of Fineco.
Intesa Sanpaolo's IMI Corporate & Investment Banking Division supports three energy transition projects in the United States, financing new photovoltaic plants and storage systems in California and Texas.
The annual Italian Maritime Economy report by SRM, a research center affiliated with the Intesa Sanpaolo Group, has been presented. According to the study, geopolitical tensions are changing the geography of world trade.
Access to higher education, incentivized savings, and financial education. All combined in a single, long-term program for families, including low-income ones.
Intesa Sanpaolo, the EIB, and the ESA have reached an agreement to activate €300 million in financing for Italian SMEs in the aerospace and space economy sectors.
Intesa Sanpaolo Assicurazioni is strengthening its support for innovative startups and SMEs with "In Action ESG Climate," which has attracted over 350 applications.
Intesa Sanpaolo is launching a new advisory model inspired by Fideuram in its international banks. The project, which begins in Slovakia and Hungary, will be extended to Eastern European countries and Egypt, with the goal of reaching 1.200 financial advisors by…
The €30,6 billion offer for MPS, launched just under a month ago by Intesa together with Bper, could only be stopped by a substantial relaunch on the market
According to Assoreti data, Fideuram's net inflows since the beginning of the year amounted to €7,621 billion. Corcos: "Results confirm our leadership."
A day of discussion dedicated to professionals under 35 from the Fideuram, Sanpaolo Invest, IW Private Investments, Fideuram Direct and Intesa Sanpaolo Private Banking networks, to encourage generational turnover and support the training of young people.
Intesa Sanpaolo has filed with Consob the document relating to the voluntary public tender offer for all the shares of Banca Monte dei Paschi di Siena. Completion is expected in December.
Industrial districts are stronger and exports are growing. This is evidenced by the 18th edition of the annual report "Economics and Finance of Industrial Districts," published by Intesa Sanpaolo's Research Department, which offers a snapshot of the health of businesses...
Social assistance is the primary focus of the initiatives supported by Intesa Sanpaolo's Impact Department. Among the main effects noted by the beneficiary organizations are improved psychological well-being and self-esteem among the people involved.
The board of directors unanimously approved the reorganization designed by Lovaglio. A new board meeting will take place on July 16th. "It is the board's duty to examine all options," the CEO said, referring to Intesa and Banco BPM.
Minister Giorgetti says the government will be vigilant on the new rounds of banking risk, but then hints at possible limitations on Intesa Sanpaolo's takeover bid for MPS. So: is the government a referee or still a player?
Intesa Sanpaolo launches its Monitor on the geography of fragility: territorial gaps, human capital, labor, and services at the center of the 2026 analysis.
The EDUNext research by Intesa Sanpaolo and Luiss captures a system in transformation: AI adoption is growing to 31%, but 46% of workers are untrained and only 19% of companies have structured paths.
According to Il Sole 24 Ore, Unicredit has proposed to Delfin to exchange the holding company's 10% stake in Generali for Unicredit shares. The offer has been rejected for now.
Intesa Sanpaolo leads the Board of Directors rankings for the fifth consecutive year and receives new recognition for its management and Investor Relations team, as well as consolidating its leadership in sustainability issues for the seventh year in a row.
According to the 12th Report on the Bioeconomy in Europe, produced by the Research Department of Intesa Sanpaolo, the bioeconomy in Italy employs over 2 million people. The agri-food sector plays a key role.
All the markets are focused on Warsh's Fed: what will it do about interest rates? In Europe, the Milan Stock Exchange is once again reigning supreme, buoyed by the banks. On Wall Street, SpaceX's rally continues. Oil prices are below 80...
The report "Cohesion is Competition", promoted by the Symbola Foundation, Intesa Sanpaolo, Unioncamere and the Tagliacarne Study Centre, explains how competitiveness does not depend only on the strength of individual companies, but on the quality of the ecosystems of which they are part.
It starts on Tuesday, June 16th, with the Bank's board meeting and the end of the acceptance period for Unicredit's offer, and concludes at the end of the year. Here are the next steps in the game of risk to mark in red on your calendar.
On the occasion of Intesa Sanpaolo's 50th anniversary in Luxembourg, a meeting with the economic and financial community, the heads of the Luxembourg government and the Italian diplomatic representation
The events surrounding Banco BPM and Monte dei Paschi confirm that whenever politicians try to interfere in the banking system, they only cause trouble and make a bad impression. Let's hope they've understood this and that regarding the Intesa Sanpaolo takeover bid...
The awarded companies stood out for their ability to innovate, grow, and contribute to the development and integration of geographically dispersed supply chains, not only as exporters but also as strategic nodes in value chains, key players in nearshoring and...
The banking game is partially electrifying Piazza Affari, which, after hitting a record high of 51.000 points, is now barely holding onto 50.000. The Nasdaq is in deep red after a strong start for AI-related stocks. Bitcoin is on the…
Three Spanish, two Italian, one British, one Swiss, one French, one Dutch, and one Finnish. This is the geography of the top European banks by market capitalization. None has reached the heights of the American giants.
While other markets are trading mixed, awaiting news from the Middle East, Milan is led by risk-taking stocks. Bper and Unipol are soaring. US futures are rising, thanks to the recovery of artificial intelligence stocks and the...
Two drivers of today's stock markets: the Intesa Sanpaolo takeover bid, which is reviving the banking game in Italy, and the strong recovery in high-tech stocks most closely tied to AI, which is reviving the Nasdaq. Oil is below $100,…
The president of Unipol described Banco BPM as "a desperate lover," slamming Lovaglio on one side and Pope on the other. Regarding Intesa at Generali: "It will be a guarantee for Italians' savings."
The MPS-Mediobanca deal will create "a €2 trillion Italian wealth management bank," Messina emphasized in a call with analysts, expressing confidence in the possibility of surpassing Siena's two-thirds stake: "Excellent relations with Delfin and Caltagirone." And...
Europe seesaws between geopolitical tensions and a tech sell-off, while the banking game ignites the market in Milan. Stellantis is under pressure, oil prices soar, and the spread rises. Follow the LIVE broadcast.
Asia plunges, but Nvidia mitigates losses by announcing several partnerships with South Korean tech companies. Wall Street, after Friday's plunge, awaits this week's SpaceX IPO, along with key economic and quarterly data. European stock markets saw a slow opening…
The banking game reignites: Intesa launches a €30,6 billion takeover bid for MPS, signs an agreement with Unipol for the Montepaschi brand and 635 branches, and sets its sights on Mediobanca. The Board of Directors also approves the purchase of a 3,01% stake in Generali. The new group…
Over 5.700 young people have already been trained through the "Youth and Work" program. Focus on catering and hospitality to meet the growing demand for qualified tourism personnel.
Here are the companies awarded in the penultimate meeting of the new edition of "Winning Companies", the program that the Banca dei Territori Division of Intesa Sanpaolo, led by Stefano Barrese
According to the scenario developed by the new Industrial Sector Analysis Report presented by Intesa Sanpaolo together with Prometeia, an extension of tensions and the permanent closure of the Strait of Hormuz could cause the Italian manufacturing sector to contract by an average of 1,5% annually...
Intesa Sanpaolo, through its International Banks Division, has placed almost 150 million minibonds in Croatia, Serbia, Slovenia, the Czech Republic and Slovakia, supporting the growth of SMEs and their access to capital markets.
There are 22 blue chips paying dividends. MPS leads the way on the FTSE MIB, but keep an eye on Intesa Sanpaolo, Banca Ifis, and Nexi, not to mention Generali and Eni.
Last year, the first quarter of Italy's top five banks closed with €6,8 billion in profits. Unicredit and Intesa, combined, accounted for 80% of the profits.
"Energy and climate adaptation, new challenges for businesses" is the title of the meeting organized by Intesa Sanpaolo scheduled for Wednesday, May 13th at the Fondazione Cariplo Congress Center in Milan.
A joint survey by the Italian Goldsmiths' Club and Intesa Sanpaolo shows that the Italian goldsmith sector's investment propensity remains unchanged despite international tensions and unstable US trade policies, which have pushed gold prices up significantly (+44% in 2025).
Profit target of €10 billion in 2026 confirmed. Shareholders earned €2,6 billion in the three months, with a €2,3 billion buyback underway in July. Messina: "Our best quarter ever." Regarding Generali: "Antitrust won't allow us to make any acquisitions."
"We are not commenting on Delfin. What happens to our shareholders has nothing to do with our actions." This was Generali CEO Philippe Donnet's statement to the Senate Banking Committee. Intesa Sanpaolo approves 2025 budget and dividend.
