Banca Monte dei Paschi di Siena, considered to be the world’s oldest bank, bid for Mediobanca

 



Mediobanca staunchly against the deal, calling it “destructive.” 

Monte Paschi, considered to be the world’s oldest bank still in operation, has recently emerged from a deep restructuring. 

An ill-timed takeover just before the financial crisis years in 2008 and 2009 marked the beginning of the bank’s troubles, culminating in its nationalization in 2017.
Bloomberg 17 April 2025


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