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The Italian Banking War Is Becoming Increasingly Exciting: Who Will Own the World's Oldest Financial Institution?

Summary by Portfolio
The battle to consolidate Italy's banking sector has entered a new chapter, with Intesa Sanpaolo remaining confident about its bid to buy Monte dei Paschi di Siena (MPS) after MPS received approval from the European Central Bank to merge with its previously acquired Mediobanca, Reuters reports.

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Authorized the merger that will be submitted to the shareholders' meeting

·Rome, Italy
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·London, United Kingdom
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The ok of the ECB comes to the merger by incorporation of Mediobanca into Mps: what could change for accounts, cards and mortgages.

(Teleborsa) - Monte dei Paschi di Siena has received permission from the European Central Bank for the merger by incorporation of Mediobanca, of which Rocca Salimbeni controls 86.3% after...

The operation that is redesigning the Italian banking landscape takes a decisive step with the green light of the European supervisory authority. The Eurotower gave its assent to the merger between MPS and Mediobanca, opening the way to the realization of the project that will lead to the creation of a new financial hub in our country. The official communication is... Read more

It is the yes of the ECB to the incorporation of Mediobanca in Mps. Rocca Salimbeni is known to have received from the European Central Bank the permissions regarding the merger by incorporation of Mediobanca in Monte and the other planned company reorganisation operations that will be submitted to the Shareholders' Meeting. The article Mps, ok from the ECB to the incorporation of Mediobanca seems to be the first on Siena News.

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Reuters broke the news in London, United Kingdom on Thursday, September 3, 2026.
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