Monte dei Paschi Raises 2026 Pretax Profit Guidance
Banca Monte dei Paschi di Siena raised its 2026 pretax profit guidance and reported higher third-quarter profit. The bank is considering a 34.3 billion-euro ($38.49 billion) takeover offer from Intesa Sanpaolo.
By Michael HennesseyBanca Monte dei Paschi di Siena raised its 2026 pretax profit guidance and reported higher third-quarter profit, as it considers a 34.3 billion-euro ($38.49 billion) takeover offer by Intesa Sanpaolo.The Italian lender said Friday that it now expects to report 2026 pretax profit…