Sources tell Bloomberg that SpaceX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about $10 billion or more of shares. Elon Musk's company is leading a race to list against both OpenAI and Anthropic. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie. (Source: Bloomberg)

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Carlo Messina, Intesa Sanpaolo CEO; Angel Ubide, Citadel Head of Economic Research for Global Fixed Income & Macro; Steve Wise, Carlyle Co-Head of Americas Corporate Private Equity; Lawrence Freedman, King's College London War Studies Emeritus Professor (Source: Bloomberg)

Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina signaled he’s prepared to address any counterbids for Banca Monte dei Paschi di Siena SpA, after unveiling an offer that valued the world’s oldest bank at more than €30 billion ($35 billion).

Intesa Sanpaolo CEO Carlo Messina discusses the lender's offer to buy Italian rival Banca Monte dei Paschi for €30.6 billion ($35.3 billion). "The only real offer now in the market is the Intesa Sanpaolo offer," Messina tells Bloomberg's Francine Lacqua, calling Banco BPM's proposal of a merger of equals merely a "love letter." (Source: Bloomberg)

Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina said a successful takeover on Banca Monte dei Paschi di Siena SpA would position his bank to engage in deals across Europe.

Italy’s Finance Minister Giancarlo Giorgetti indicated the government won’t interfere in any battle for control of Banca Monte dei Paschi di Siena SpA, saying price will determine whether Banco BPM SpA or Intesa Sanpaolo SpA prevail.

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Lindsay Rosner, Goldman Sachs Asset Management Head of Multi-Sector Investing; Euan Blair, Multiverse CEO & Founder; Kanishka Narayan, UK AI & Online Safety Minister (Source: Bloomberg)

Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion in a move that’s set to spur a new phase of dealmaking in Italian finance. It comes a day after Banco BPM pitched a merger of equals with Monte Paschi that would result in a combined entity worth close to €50 billion. US food company Ingredion agreed to buy Tate & Lyle for £2.7 billion, in a move that marks the end of the UK company’s near-century on the London Stock Exchange. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Stocks and bonds dropped as investors faced a trio of headwinds with a pullback in the artificial-intelligence trade, mounting bets on a US interest rate hike and rising oil prices due to a worsening of the Middle East conflict. Israel and Iran exchanged missile strikes on Monday despite President Donald Trump’s calls for both sides to halt the fighting and give peace talks a chance to succeed. And Intesa Sanpaolo offered to buy Monte dei Paschi for €30.6 billion ($35.3 billion) in a move that’s set to spur a new phase of dealmaking in Italian finance. Today's guest: Lauren van Biljon, Allspring Global Investments, Senior Portfolio Manager (Source: Bloomberg)

Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion ($35.3 billion). The Milan-based bank will offer 1.6 of its own shares and €1 in cash for each Monte Paschi share. The bid comes the day after Banco BPM pitched its own merger with Monte Paschi, considered to be the world’s oldest bank. Bloomberg's Manuel Baigorri reports. (Source: Bloomberg)

Intesa Sanpaolo SpA has wrapped up two significant risk transfers tied to corporate loans worth about $4.8 billion as it takes advantage of robust demand to make greater use of the hedging tool.

A consortium of European banks seeking to launch a euro-denominated stablecoin has added 25 lenders to its ranks, speeding up efforts to build a viable alternative to dollar-denominated digital money.

Intesa Sanpaolo SpA‘s first-quarter results came in better than expected on the back of a jump in trading revenue.

Intesa Sanpaolo SpA outlined steps to expand its wealth management business across Europe as part of a plan by Chief Executive Officer Carlo Messina to boost fee income.