www.bloomberg.com
Milan prosecutors are investigating Banca Monte dei Paschi di Siena CEO Luigi Lovaglio for allegedly colluding with two investors to gain control of Mediobanca and strengthen their influence over Generali. Documents suggest coordinated actions aimed at destabilizing Mediobanca’s leadership and securing a larger stake in Generali. The probe centers on potential market manipulation and abuse of power as Lovaglio and the investors reportedly sought to reshape the leadership and ownership structure of these key Italian financial institutions.
