Intesa Sanpaolo plans 9,000 layoffs in AI shift
Italy
Italy sells 15% stake in Monte dei Paschi stake for $1.16bn
Banco BPM, a major Italian bank, has acquired a 5% stake in MPS, aligning with its strategy while maintaining a standalone approach.
Signal: Intesa’s move towards digital banking under central bank scrutiny
Hiring activity in the Italian banking and payments industry decreased in Q2 2024
Signal: Italian banks’ shares rally after U-turn, but the damage is done
Private equity deals in financial services in Italy increased in Q2 2023
New legislation proposed in Italy to split retail and investment banks
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