Inside Italy’s banking M&A boom — and why Wall Street is watching
Italy has become the center of Europe’s banking consolidation boom, with a wave of takeover bids reshaping the country’s financial sector. This video explains what is driving the dealmaking, how battles for influence over banks including Monte dei Paschi and Mediobanca connect to insurer Generali, and why the outcome could have implications for Europe’s push to build larger banks capable of competing with U.S. rivals.
Overview
Italy has become the center of Europe’s banking consolidation boom, with a wave of takeover bids reshaping the country’s financial sector. This video explains what is driving the dealmaking, how battles for influence over banks including Monte dei Paschi and Mediobanca connect to insurer Generali, and why the outcome could have implications for Europe’s push to build larger banks capable of competing with U.S. rivals.
Source
Originally published at www.cnbc.com.