Monte dei Paschi di Siena

Russian hackers crash Italian bank websites

ROME (Reuters) - Italy's cyber security agency said it had detected hacker attacks against websites of at least five banks, which temporarily made it impossible to access some of their…

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Sale of Italy’s MPS should help create several big banks, says Meloni

MILAN, April 22 (Reuters) - The privatisation of Italian lender Monte dei Paschi di Siena should foster the creation of several large banking groups in the country, Prime Minister Giorgia…

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Monte dei Paschi prepares to close 50 branches

Monte dei Paschi di Siena is preparing to close 50 branches in line with commitments taken with European Union authorities under its restructuring plan through 2021, according to a copy…

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Banca Monte dei Paschi is a ‘huge problem’, Italy’s League says

CERNOBBIO, Italy Sept 5 (Reuters) - Italy's Banca Monte dei Paschi is a "huge problem", the head of the right-wing League party said on Sunday, voicing concerns over a potential…

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Italy vows to protect Monte Paschi jobs in UniCredit deal

Italian Economy Minister Daniele Franco said the government will take care to safeguard jobs and the local economy in the case of a takeover of struggling bank Monte dei Paschi…

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Italy faces crunch time on Monte dei Paschi

Italy's clean-up scheme for Monte dei Paschi di Siena is set to be approved by shareholders of the state-owned bank on Sunday after two years in the planning, but it…

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Italy wants to find a buyer for Monte dei Paschi by year-end

Italy's Treasury wants to find a buyer for Monte dei Paschi di Siena by the end of the year to help the bailed-out bank to clean up its remaining problem…

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