Banco BPM opens merger talks with Monte Paschi on €1.1 bln synergy plan
Corroborated by 2 sources from 2 publishers
europepolitics2d ago
TL;DR
Reports differ across sources; according to cnbc.com, italy's Banco BPM said on Sunday it would invite Banca Monte dei Paschi di Siena to discuss a potential tie-up that would create the country's second-biggest banking group, overtaking UniCredit.