Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer

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Source: CNBC
Published: 2026-06-08 18:38 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Military & Defence, Economy & Finance, World News, War & Conflict
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Snippet:
A bidding war over Italy's Monte dei Paschi di Siena has erupted between rivals Intesa Sanpaolo and Banco BPM, with the two lenders vie for control of the world's oldest bank.
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