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Italy Launches Probe of Intesa Sanpaolo's Purchase of Banca Monte dei Paschi di Siena

MT Newswires·09/15/2026 23:28:39
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11:28 PM EDT, 09/15/2026 (MT Newswires) -- The Italian Competition Authority launched an investigation into Intesa Sanpaolo's (ISP.MI) planned acquisition of fellow Italian bank Banca Monte dei Paschi di Siena (BMPS.MI). The regulator opened the probe on Monday, according to a Tuesday release. It will focus on the potential impacts of the transaction on competition in the banking and insurance markets of Italy.