06:11 AM EST, 11/10/2026 (MT Newswires) -- The Italian government approved a decree allowing Poste Italiane's (PST.MI) financial services division, Bancoposta, to take interests in companies within the financial industry. The unit of the Italian postal services company will be able to purchase stakes in banks, insurers, reinsurers, investment companies, asset managers and ⁠e-money businesses, according to a Tuesday release from the government. However, the decree prohibits Bancoposta from owning controlling stakes in banks and financial intermediaries.

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