08:44 AM EST, 11/02/2026 (MT Newswires) -- Intesa Sanpaolo (ISP.MI) is moving ahead with its takeover bid for Banca Monte dei Paschi di Siena (BMPS.MI), or MPS, by the end of November, Bloomberg News reported Monday, citing people familiar with the matter. The potential bid in the week of Nov. 23 comes as Italian bank Intesa received the last regulatory approvals on Oct. 28, allowing markets regulator Consob to approve the offer document within a 10-day period. Intesa did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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