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ECB approves Monte dei Paschi-Mediobanca merger
Source: reuters.com
Banking & LiquidityM&A & RestructuringRegulation & Legislation
Monte dei Paschi di Siena said the ECB has approved merging the recently acquired Mediobanca into the group. The approval is a constructive regulatory step that can remove execution risk for the deal, with potential implications for future consolidation within Italian banking.
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