Intesa Sanpaolo and Monte dei Paschi di Siena plan €1.2 trn superbank

Intesa Sanpaolo and Monte dei Paschi di Siena have announced a merger that would create a new Italian banking group with nearly €1.2 trillion in assets and projected earnings of more than €16 billion by 2029. The combined entity is expected to generate annual synergies of about €2.9 billion and to strengthen its position in the European financial market.

Separately, Moneyfarm has launched a short‑term investment solution called Liquidità++, aimed at retail investors seeking a low‑risk alternative to traditional cash deposits. The product targets a gross annualised return of 3.20 % and is designed for a 1‑to‑3‑year horizon, offering active management and transparent fees.