Headlines
ECB gives Caltagirone green light to up stake in Monte dei Paschi, source says
Published by Global Banking & Finance Review®
Posted on November 4, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 4, 2025
1 min readLast updated: January 21, 2026
The ECB has approved Francesco Caltagirone's request to increase his stake in Monte dei Paschi to 20%, potentially influencing the bank's future strategy.
ROME (Reuters) -The European Central Bank (ECB) has authorised Francesco Gaetano Caltagirone to raise his stake in Tuscan lender Monte dei Paschi di Siena (MPS) to up to 20%, a source close to the Italian entrepreneur told Reuters on Tuesday.
The news was first reported by Italian newspapers which said that the ECB had given its green light on Monday, after a request to increase the shareholding had been filed in August.
Caltagirone held a stake of just over 10% at the beginning of October, when MPS ended its bid for Italian merchant bank Mediobanca.
(Reporting by Stefano Bernabei and Francesca Piscioneri, writing by Giulia Segreti, editing by Cristina Carlevaro)
The European Central Bank (ECB) is the central bank for the eurozone, responsible for monetary policy and maintaining price stability within the Euro area.
Monte dei Paschi di Siena is one of the oldest banks in the world, based in Italy, and specializes in retail and commercial banking services.
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