Finance
Mps Chief Considering Generali Stake Sale, Ft Reports
Published by Global Banking & Finance Review®
Posted on April 24, 2026
1 min readLast updated: April 24, 2026
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MPS CEO Luigi Lovaglio is reportedly considering selling a €7.4 billion Generali stake to finance a bid for Banco BPM, as reported by the Financial Times; Reuters has yet to independently verify the report (spring 2026).
Monte dei Paschi says not studying Generali stake sale
Bank's Position on Generali Stake and Strategic Focus
Official Statement from Monte dei Paschi
April 24 (Reuters) - Monte dei Paschi di Siena said on Friday it was not studying a sale of the bank's stake in insurer Generali and was fully focused on merging recently acquired peer Mediobanca into the group.
Media Reports and CEO's Considerations
The Financial Times reported on Friday that reinstated Monte dei Paschi CEO Luigi Lovaglio was considering such an option.
Additional Information
($1 = 0.8565 euros)
Reporting and Editing Credits
(Reporting by Valentina Za in Milan and Disha Mishra in Bengaluru; Editing by Sonia Cheema and Mrigank Dhaniwala)
Key Takeaways
- •The proposed sale stems from Monte dei Paschi di Siena’s strategic push to consolidate via Banco BPM acquisition, following its heavy involvement in recent M&A including the Mediobanca takeover (en.wikipedia.org)
- •MPS’s Generali stake has served both as a diversification asset and a financial lever in broader consolidation efforts; monetizing it could unlock significant capital for expansion (tradingview.com)
- •Lovaglio’s leadership remains backed by key investors—even after boardroom tussles—with Norges Bank endorsing his reappointment and shareholders reinstating him recently (marketscreener.com)
References
Frequently Asked Questions about MPS chief considering Generali stake sale, FT reports
1Who is considering selling a stake in Generali?
Monte dei Paschi di Siena chief Luigi Lovaglio is considering selling the stake.
2How much is the Generali stake worth?
The stake in Generali is valued at 7.4 billion euros ($8.64 billion).
3Why might MPS sell its Generali stake?
MPS is considering the sale to help fund an acquisition of Banco BPM.
4Which publication first reported the stake sale consideration?
The Financial Times first reported the news.
5Has the report about the Generali stake sale been verified?
Reuters could not immediately verify the Financial Times report.
