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Intesa Sanpaolo made a bid for Monte dei Paschi, while the European Central Bank flagged concerns regarding Italian budget measures.

2 reports, 2 independent Updated Oct 5
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What happened

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Intesa Sanpaolo made a bid for Monte dei Paschi, while the European Central Bank flagged concerns regarding Italian budget measures.

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How it developed

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  1. Intesa sweetened its bid for Monte dei Paschi amid market volatility and calls for the bank to reconsider its position.1 source
  2. Intesa Sanpaolo bids for Monte dei Paschi amid ECB concerns over Italian budget.1 source

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