Weekly Recap: Intesa Sanpaolo S.p.A. €36bn bid and MPS €38bn buys

Intesa Sanpaolo S.p.A. (MIL:ISP) has lodged a €36bn cash-and-share bid for Monte dei Paschi di Siena while awaiting regulatory approval as shareholders weigh a defensive plan on Oct 29, even as the bank contends with fallout from a €95m AI voice-scam that moved €36m offshore.Previous Week RecapThis…