ECB approval clears Banco BPM for merger with Mediobanca unit
Monte dei Paschi di Siena (BMPS) said it received European Central Bank approval to merge recently acquired Mediobanca (MB) into the group.
Italy's Monte dei Paschi di Siena MIL:BMPS said on Thursday it has received approval from the European Central Bank to merge recently acquired peer Mediobanca MIL:MB into the group.