Deal can proceed without need to clear thresholds for shareholder acceptance
UniCredit, Norway’s oil fund and BlackRock were among investors wanting shares in process run by small local bank
Several transactions are on the table with billionaire investors, overseas shareholders and domestic politicians all affected
Board says the deal offers no ‘industrial and financial rationale’ and is danger to its identity
Prestigious Milanese bank has become latest pawn in government consolidation efforts
The tycoons may benefit simply from setting the cat among the pigeons
Move by world’s oldest bank would shake up Italy’s financial sector
Italian government offloads most of its remaining stake in Monte dei Paschi
Monte dei Paschi has been Siena’s benefactor since 1472. But, in recent years, a multibillion-euro scandal in pursuit of aggressive growth has dealt it a crushing blow
Lender boosts annual profits over €2bn in new record following series of positive court outcomes
Milan appeals court says the state-owned bank’s former bosses committed no crime
Economic conditions have worked in CEO’s favour — but MPS remains a medium-sized regional lender
French insurer was bank’s biggest private investor and maintains insurance partnership with lender
French insurer was biggest private contributor to rights issue and wants improved terms on joint venture
Retail investors took up just 10% of ailing bank’s €2.5bn capital raising
Law firm RPC says Monte dei Paschi’s high underwriting fees make capital raise ‘unlawful’
Rights issue at Monte dei Paschi di Siena includes lucrative deal to attract underwriters
The stock is down some 60 per cent since the bank announced it was ready to pull the trigger.
Banks including Mediobanca, Credit Suisse, Citigroup and BofA to underwrite fundraising
Arranger banks wary of mopping up shares in event investors shun them
After national elections, any coalition has to resolve the future of lender Monte dei Paschi di Siena and air carrier ITA
The Italian bank is planning to raise €2.5bn to fund a new strategy
Thirteen executives acquitted of helping world’s oldest bank hide more than €2bn losses
Italian state-controlled bank’s current boss has defied government requests to step down
Italy’s options appear to have narrowed
