MPS wants to feed Mediobanca. What’s behind the banking risk

We wrote it on this site just a few days ago. And that is the possibility that the old, run-down former communist bank, now completely restored, Monte dei Paschi one would have liked to eat …

Written by: Jack Williams

Published on: January 24, 2025

We wrote it on this site just a few days ago. And that is the possibility that the old, run-down former communist bank, now completely restored, Monte dei Paschi one would have liked to eat the coat of arms Mediobanca.

Let’s be clear: this is not a very generous offer and certainly not a hostile takeover which sees on one side the government together with Caltagirone and the Luxottica group and on the other the old Milanese establishment, son of Cuccia and Maranghi. A revolution.

This is all intertwined with Orcel’s public offering, i.e of Unicreditalso hostile towards the Banco Popolare di Milano. In short, nothing more than banking risk. We’ll see some good ones.

Jack Williams

Jack Williams established himself as the editor-in-chief of The Vermilion with rigorous journalistic traits and an incessant quest for truth. His career began as an investigative reporter, where he quickly gained a reputation for his in-depth research and insightful articles. Williams takes his role at The Vermilion very seriously. Since he became editor-in-chief, he has set an editorial line based on impartiality, factual accuracy, and context relevance; this has established The Vermilion as a reference for political, economic, and global news. Under his leadership, the media continues its mission of reporting news with accuracy and equanimity, giving a voice to those who are often overlooked by large-scale media. Jack dedicates himself to fulfilling this mandate with passion, rigour, and unwavering determination.