MILAN (Reuters) - Intesa Sanpaolo kicked off on Monday long-awaited consolidation among Italian banks with a surprise 4.86 billion euro (4.05 billion pounds) takeover bid for smaller rival UBI Banca .

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The board of UBI Banca on Friday rejected a €4.86bn hostile takeover bid from Italian rival Intesa Sanpaolo, ...

Simply sign up to the European banks myFT Digest -- delivered directly to your inbox. Intesa Sanpaolo, Italy’s biggest domestic lender, has launched a €4.86bn ($5.26bn) takeover bid for its rival UBI ...

Intesa Sanpaolo offers a diversified business with strong balances of interest income and non-interest income. Even though the loan portfolio decreased, the bank has benefited from rate hikes with ...

Italy’s anti-trust authority could yet side with those who argue UBI Banca will serve Italy’s banking system better by doing acquisitions of its own. Will Intesa Sanpaolo’s attempt to merge with UBI ...

Banca Intesa is the Russian subsidiary bank of Italy’s Intesa Sanpaolo Group, one of the top banking groups in the euro zone MOSCOW, September 29. /TASS/. Russian President Vladimir Putin permitted ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 11th: Intesa Sanpaolo ISNPY: This new banking group which results from the merger between ...

HSBC Bank Canada has signed an agreement to acquire all the shares of Intesa Bank Canada (IBC). The deal, which is subject to regulatory approval, is expected to close on May 31. Financial terms of ...