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Giuseppe Castagna

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MPS merger aborted, Intesa bid advances

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Latest: Banco BPM halts merger talks with Monte dei Paschi after Crédit Agricole veto

Monte dei Paschi di Siena (MPS) has seen its prospective merger with Banco BPM collapse after Crédit Agricole, the latter’s 29.3 % shareholder, exercised a veto. Banco BPM’s board voted unanimously on 31 July 2026 to hal