Intesa to Acquire MPS, Keep Siena | Business and Finance News

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Recorded28 Aug 2026

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Intesa Sanpaolo could be taking over Italy’s troubled Banca Monte dei Paschi, but here’s the twist: MPS will stay put in Siena, and no immediate layoffs are planned. Instead, Intesa plans to sell the MPS brand and half its branches to Unipol, the giant behind BPER. Unipol’s chairman, Carlo Cimbri, confirmed the move and hinted at future staffing adjustments through union talks — no mass firings, but some changes ahead. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/96db4d56280b8990

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