The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Italy's finance minister rallies tycoons for Banca Monte dei Paschi sale
Italian Finance Minister Giancarlo Giorgetti has engaged the country's wealthiest investors, including billionaire Francesco Gaetano Caltagirone and the Del Vecchio family, to facilitate the return of Banca Monte dei Paschi di Siena SpA to private ownership. Over ten days, he secured support from Banco BPM SpA, along with approvals from the Bank of Italy and the European Central Bank.
monte paschi reports strong third-quarter profit driven by fee income
Banca Monte dei Paschi di Siena SpA reported a third-quarter net income of €407 million, up from €310 million a year earlier, exceeding analyst expectations. Revenue increased nearly 6% year-on-year, driven by a boost in fee income, as CEO Luigi Lovaglio focuses on expanding the bank's fee business.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.