Episode
Oldest bank in the world, Monte Dei Paschi, to get bought?
- Podcast
- The Banker Next Door
- Published
- Jun 16, 2026
- Duration seconds
- 1076
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/the-banker-next-door-6597036/episodes/oldest-bank-in-the-world-monte-dei-paschi-to-get-bought/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/the-banker-next-door-6597036/oldest-bank-in-the-world-monte-dei-paschi-to-get-bought.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Italian bank Monte Dei Paschi (BMPS) has had quite the saga over the last 9 months. It all started back in September 2025, when BMPS initiated a hostile takeover of investment bank Mediobanca for $19B. BMPS CEO, Luigi Lovaglio, then presented a plan for delisting Mediobanca and expanding the bank into international markets. The departing board for the bank did not like this plan and decided to remove Luigi as CEO, revoke his powers and cancel his contract. Then, in a surprise move, the banks shareholders voted to reinstall Luigi as CEO and picked a new board and chairman. However, in another twist, two rival banks have both made offers to purchase BMPS. What will the oldest bank in the world do? This episode reviewed multiple articles in The Wall Street Journal and S&P Global (subscriptions required). P.S. BND was named to FeedSpot Podcasts Top 80 Best Banking Podcasts for 2026. A link to the list is included below. Link: 80 Best Banking Podcasts to Listen to in 2026