The WSJ Dollar Index Rises 0.3% to 101.11
The WSJ Dollar Index is up 0.33 point or 0.32% today to 101.11 —Up for five consecutive trading days —Up 2.18 points or 2.20% over the last five trading days —Largest five-day point and percentage ...
GlobalCapital16h
Italian treasury caps third Monte dei Paschi share sale, Banco BPM buys stock
MPS had been a long-term M&A target of UniCredit, Italy’s largest bank by assets, but the deal was cancelled in October 2021 ...
Hosted on MSN16h
Italy sells 15% stake in Monte dei Paschi stake for $1.16bn
Banco BPM, a major Italian bank, has acquired a 5% stake in MPS, aligning with its strategy while maintaining a standalone ...
Italy takes step towards possible bank M&A with Monte Paschi stake sale
Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei ...
New Italy Banking Force Begins to Emerge From Monte Paschi Deal
A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in ...
Business Matters21h
ESG-driven banking innovators spotlight sector’s role in inclusive, sustainable growth
In late October, the European Commission announced more than €380 million in grants to over 100 projects across Europe aimed ...
Euro Likely to Fall Further on ECB-Fed Divergence
The euro fell to a 13-month low against the dollar and is likely to weaken further as the ECB could cut interest rates more ...
MPS stock soars amid Banco BPM merger speculation
The share price of Monte dei Paschi di Siena (MPS) soared on Thursday after fellow lender Banco BPM acquired a 5% stake in it, sparking hot speculation that a merger could be on the cards. MPS's stock ...