- Jul 17
Monte dei Paschi criticises Intesa Sanpaolo's offer as inadequate, advances talks with Banco BPM
The board of Banca Monte dei Paschi di Siena issued a preliminary negative opinion on Intesa Sanpaolo's €30.6 billion takeover offer, citing a below-average premium, antitrust risks, and an undervalued branch sale to Unipol, while advancing evaluation of a rival merger proposal from Banco BPM.
- Jul 3
Aquila contrada ends 34-year wait, Tittia claims 12th Palio in Siena
The Aquila contrada won the Palio di Siena on 3 July 2026, its first victory in 34 years, with jockey Giovanni Atzeni (Tittia) and horse Diodoro delivering a dominant performance a day after rain forced a postponement.
- Jun 28
Treasury denies fast MPS sale but sources point to an imminent move before Intesa’s offer
The Italian Ministry of Economy is battling reports that it could sell its remaining Monte dei Paschi stake within days, even as financial sources say an accelerated placement is being prepared.
