Paschi, Investors Coordinated to Buy Mediobanca, Prosecutors Say

November 29, 2025

Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio and two prominent Italian investors allegedly coordinated actions to seize control of Mediobanca SpA and tighten their grip on Assicurazioni Generali SpA, according to documents compiled in a probe by Milan prosecutors.