Banca Monte dei Paschi di Siena

Top deals of the Day - Bids, Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Monday including Forbes, Axel Springer, MidCap Financial LLC, Goldman Sachs and others.

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Senior executive at Monte Paschi's biggest shareholder quits job over stake sale plan

Giorgio Olivato, vice chairman of a foundation that is Monte Paschi's largest shareholder, has resigned from office for unknown reasons. Sources, however, said that Olivato opposed the foundation's plan to sell its stake in the Italian bank.

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Monte Paschi foundation in discussion to sell stake with Italian Treasury- sources

Monte dei Paschi foundation had been in discussions with the Italian Treasury regarding a stake sale deal, said sources in a Reuters report.

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Italian prosecutors seek to indict JP Morgan over Paschi-Antonveneta deal

Italian prosecutors said that JP Morgan should be indicted after manipulating markets and falsifying documents when it took over Banca Antonveneta last 2008.

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Monte Paschi revises bailout plan, seeks increase to EUR2.5 billion extra capital

Italian Banca Monte dei Paschi di Siena has raised its capital for the bank's revised bailout plan to EUR2.5 billion or USD3.3 billion.

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Monte Paschi expects approval of tougher restructuring plan on Sept 24

Monte Paschi announced that it would approve a stricter restructuring plan on September 24 to qualify for a state bailout.

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Italian Government Seeks Removal of Cap on Voting Rights for Monte dei Paschi

A letter from the Economic Ministry requests removal for the voting rights ceiling currently in force at Banca Monte dei Paschi di Siena SA.

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MPS to sell Biverbanca stake for 200 mln euros - sources

Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a small unit for around 200 million euros.

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