We have announced record results for the third consecutive year as we continue to grow revenue, profitability and returns," Executive Chair Ana Botin said.

Italian financiers rarely opt for a simple plan where a complicated one would do. That shows in a five-way pile-up taking shape between the country’s banks and insurers. It’s a power struggle that ...

The Milan-based bank said its holding is “a pure financial investment” and asserted that it has “no strategic interest in ...

UniCredit acquires stake of less than 4 percent in Generali Group, according to people familiar with the matter.

Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena ...

Moody's has confirmed Mediobanca's ratings but changed the outlook from stable to negative due to "the downward pressure on ...

However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a ...

Last week, Italian lender Banca Monte dei Paschi di Siena SpA launched an all-stock takeover bid for larger rival Mediobanca ...

Caltagirone last year expanded his investments in Italy's financial sector, becoming a key shareholder in bailed-out bank ...

In contrast, Ms Meloni is the leader of a nationalist party with protectionist instincts. ■ For more expert analysis of the ...