# Italy’s Intesa gets ECB approval to take over Monte dei Paschi

https://mins.news/en/item/118038

- Reuters, 2026-10-27 20:10 UTC
- Economy
- Original: https://www.reuters.com/business/finance/italys-intesa-gets-ecb-authorisation-take-over-monte-dei-paschi-2026-10-27/?link_source=ta_bluesky_link&taid=6ae1052453aa080001e530cf

> Italy’s largest bank, Intesa Sanpaolo, said on Tuesday that the European Central Bank had authorised it to take control of Monte dei Paschi di Siena, a major step toward launching its 32-billion-euro ($36 billion) takeover offer.