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MontedeiPaschi

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Monte dei Paschi talks enter final stretch

* Deal politically sensitive due to cost, job losses * PD leader vows to seek guarantees for MPS after Siena win * Talks had slowed down ahead of vote * Parties set to tackle sticking points By Valentina Za and Giuseppe Fonte SIENA, Italy, Oct 4 (Reuters) - Talks to sell state-owned bank Monte dei Paschi di Siena (MPS) BMPS.MI to UniCredit CRDI.MI
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Monte dei Paschi talks enter final stretch

* Deal politically sensitive due to cost, job losses * PD leader vows to seek guarantees for MPS after Siena win * Talks had slowed down ahead of vote * Parties set to tackle sticking points By Valentina Za, Giuseppe Fonte and Silvia Ognibene SIENA, Italy, Oct 4 (Reuters) - Talks to sell state-owned bank Monte dei Paschi di Siena (MPS) BMPS.MI to U
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Italy's PD leader Letta seen winning Siena parliamentary seat - early count

ROME, Oct 4 (Reuters) - The leader of Italy's centre-left Democratic Party (PD) Enrico Letta is on track to win a parliamentary by-election in Siena, early results showed on Monday, strengthening his position as party leader. Letta had said he would resign from the PD leadership if he lost, so the outcome has political repercussions far outside the
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Monte dei Paschi prepares to close 50 branches - letter to unions

MILAN, Sept 15 (Reuters) - Monte dei Paschi di Siena BMPS.MI is preparing to close 50 branches in line with commitments taken with European Union authorities under its restructuring plan through 2021, according to a copy of a letter the state-owned bank sent to unions. The letter dated Sept. 15 seen by Reuters said the closures would lead to cuttin
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UniCredit due diligence on Monte Paschi proceeding as agreed - CEO memo

MILAN, Sept 2 (Reuters) - The head of UniCredit CRDI.MI said on Thursday due diligence on the books of rival lender Banca Monte dei Paschi BMPS.MI was proceeding as agreed with Italy's economy ministry. In July Italy's No. 2 lender entered into exclusive talks with the Treasury to buy "selected parts" of Monte dei Paschi (MPS), which is 64% state o
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