By Valentina Za SIENA, Italy (Reuters) -Monte dei Paschi di Siena expects to launch its 12.5 billion euro ($14 billion) ...

Banca Monte dei Paschi di Siena SpA’s shareholders authorized Chief Executive Officer Luigi Lovaglio to go ahead with his bid for rival Mediobanca SpA, taking him a big step closer to his goal.

Italy's Monte dei Paschi di Siena said leading investor Francesco Gaetano Caltagirone had increased his stake in the bank, in ...