Del Vecchio heir has $17 billion plan to resolve inheritance

Billionaire Leonardo Maria Del Vecchio, the son of EssilorLuxottica SA’s founder, is considering making an offer to buy ...
Business Recorder

Europe’s STOXX 600 closes at record high on earnings boost

FRANKFURT: European stocks surged to fresh record highs on Wednesday, propelled by a rally in defence and banking shares as ...

Financials Up as Global Market Volatility Subsides - Financials Roundup

Shares of banks and other financial institutions rose amid signs of stability in global markets. Recent fears about disruption from artificial intelligence had caused volatility in stock and bond ...

Europe's STOXX 600 closes at record high on earnings boost; ECB leadership shift in focus

By Avinash P, Johann M Cherian and Ragini Mathur Feb 18 (Reuters) - European stocks surged to fresh record highs on Wednesday ...

Dow Jones Top Financial Services Headlines at 11 AM ET: Moody's Posts Higher Profit, Revenue | Mediobanca ...

Dow Jones Top Financial Services Headlines at 11 AM ET: Moody's Posts Higher Profit, Revenue | Mediobanca ... Moody's logged higher profit and revenue in the fourth quarter, as the company said ...
FIRSTonline

MPS-Mediobanca (with Generali): a new banking hub is born. And it might not be the end of it.

The new hub will have two distinct but integrated souls. This will also impact Generali. MPS's plan, which will be presented ...

Monte dei Paschi board greenlights Mediobanca merger and delisting plan

Banca Monte dei Paschi di Siena’s (BMPS) board has approved a full merger with Mediobanca, which will result in Mediobanca being delisted from the Milan stock exchange. “Accordingly, it has resolved ...

Dow Jones Top Financial Services Headlines at 7 AM ET: Mediobanca Shares Rise After Monte dei Paschi Outlines Delisting Plan | Financial ...

Dow Jones Top Financial Services Headlines at 7 AM ET: Mediobanca Shares Rise After Monte dei Paschi Outlines Delisting Plan | Financial ... Mediobanca Shares Rise After Monte dei Paschi Outlines ...
The Banker

MPS to take full control of and delist Mediobanca; JPMorgan to open 160 US branches in multibillion-dollar expansion

Mediobanca will be folded into MPS group, with a new unlisted vehicle housing private and investment banking under the ...

Mediobanca shares jump 8% as MPS moves to take full control and delist lender

Investing.com -- Shares in Mediobanca (BIT: MDBI) soared more than 8% on Wednesday after Monte dei Paschi di Siena (MPS) (BIT: BMPS) said it would move to take full ownership of the merchant bank and ...

Mediobanca board backs Monte dei Paschi merger and Milan delisting

The merger and Mediobanca delisting marks a turning point in the years-long Italian financial saga. A complex web of crossholdings and the government’s role has influenced a series of unexpected ...
FIRSTonline

Mediobanca soars on the stock market: merger with MPS and delisting, but Generali remains unshaken. It's the end of an era.

Yesterday, the board of directors of Rocca Salimbeni, chaired by Nicola Maione, announced the decision. The plan calls for the corporate and investment banking and private banking activities serving ...