Stocks Banca Monte dei Paschi di Siena SpA

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  • The headquarters of the Monte Dei paschi di Siena bank

    Trading of shares in Banca Monte dei Paschi di Siena has been suspended mid-day Thursday. The stock price rose 7.4 percent, after initially declining on news its head of communications had been found dead.

  • A court in Rome ruled on Thursday the Italian government's plan to lend 3.9 billion euros to troubled lender Banca Monte dei Paschi di Siena can go ahead. The Rome administrative court will make its decision public on Friday.

  • St. Peter's Basilica in Rome, Italy.

    Twenty percent of Italian companies are set to fail, Intesa Sanpaolo Chief Executive Enrico Cucchiani, told CNBC on Wednesday.

  • St. Peter's Basilica in Rome, Italy.

    Regardless of who wins next weekend's parliamentary election, Italy's long economic decline is likely to continue because the next government won't be strong enough to pursue the tough reforms needed to make its economy competitive again.

  • Banca Monte dei Paschi di Siena

    Monte dei Paschi pumped up its bid for Antonveneta to trump a rival offer from France's BNP Paribas, paving the way for an eventual state bailout of the world's oldest bank.

  • ABN AMRO

    The Italian bank Monte dei Paschi di Siena and the Dutch lender SNS Reaal have one thing in common with the UK's Royal Bank of Scotland and Belgium's Fortis. They all bought a part of the Dutch bank ABN AMRO in 2007 and suffered from the capital strain and losses caused by that acquisition.

  • European shares closed lower after choppy trading on Thursday, tracking falls on the U.S. equity markets.

  • ECB’s New Bond Plan: OMT! Crisis Averted, for Now

    Economic activity in the euro area will remain weak in early 2013 before gradually recovering later in the year, European Central Bank (ECB) President Mario Draghi said on Thursday.

  • The Monte dei Paschi di Siena SpA logo is seen on one of the bank's branches in Rome, Italy.

    Board members at Monte dei Paschi are expected to say that Italy's third largest bank may have lost up to 1 billion euros on trades, higher than the initial estimate.

  • European shares suffered steep falls on Monday as mounting political uncertainty in the peripheral euro zone prompted investors to lock in profits on indexes trading close to multi-year highs.

  • Banca Monte dei Paschi di Siena

    The secret document at the heart of the Monte dei Paschi banking scandal lay for months in a concealed safe in a 14th century Tuscan palace. Chief Executive Fabrizio Viola said he learnt about the safe's contents only last October, a full 10 months after he had been called in to sort out Italy's third biggest bank.

  • Mario Monti

    Italy's technocrat prime minister, Mario Monti, is likely to lead the country again after the national election in February, Coutts Chief Investment Officer Norman Villamin told CNBC.

  • Banca Monte dei Paschi di Siena

    Monte dei Paschi di Siena said on Sunday it was seeking a financial investor as the political storm over a derivatives scandal at the ailing bank intensified ahead of next month's Italian election.

  • Busch: This Global Game of Chicken Hurts Markets

    Weak GDP data for the U.K. wasn't enough to stop European shares rising on Friday as Germany's DAX Index reached a level not seen since January 2008 after business climate data was released.

  • Ignazio Visco, governor of the Bank of Italy

    Italy Central Bank Governor Ignazio Visco has told CNBC that there is no question about the stability of Italy's Monte dei Paschi bank after it suffered a $1 billion loss on derivatives trades.

  • European shares inched higher on Wednesday, with a key index moving back towards a near two-year high hit recently.

  • Shares in Banca Monte dei Paschi di Siena, Italy's third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009.

  • Technology stocks fell to push European shares lower and send Germany's benchmark DAX index to a 2013 low on Tuesday.

  • European shares finished in negative territory Monday, but financials helped limit losses after global banking regulators announced a watering down of key elements of their plan for banking rules.

  • European shares closed lower on Friday as U.S. politicians continued to wrangle over averting the "fiscal cliff" — a series of tax increases and spending cuts that are set to kick in at the start of next year and could threaten the U.S. economy.