Intesa Sanpaolo shareholders have approved a capital increase for the intended acquisition of Monte dei Paschi, but the historic Italian bank is implementing a defense strategy.
Italy’s largest bank, Intesa Sanpaolo, increased its staked Ether ETF holdings to $7.1 million while cutting its positions in two spot Bitcoin ETFs.
Intesa Sanpaolo, Italy’s largest bank, is preparing a bid for Monte dei Paschi after a rival proposal emerged for a potential merger between Banco BPM and MPS that would create a €50 billion banking entity