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Banca Monte dei Paschi di Siena

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Building
Location type: Building
Location address: Italia, Siena
Number of texts: 1
3 stars
Made by wikipedia.org | Reference Chiorbone da Frittole | © CC 3.0
Made by wikipedia.org | Reference Wikipedia.org | © CC 3.0

Banca Monte dei Paschi di Siena S.p.A. (Italian pronunciation: [ˈbancaˈmonte dei ˈpaski di ˈsjɛːna]) (BMPS) is the oldest surviving bank in the world and Italy’s third largest bank. Founded in 1472 by the magistrate of the city state of Siena, Italy, as a “mount of piety”, it has been operating ever since. Today it has approximately 3,000 branches, 33,000 employees and 4.5 million customers in Italy, as well as branches and businesses abroad. A subsidiary, MPS Finance, handles investment banking. The bank’s largest shareholder is the Fondazione Monte dei Paschi di Siena (although the foundation’s share-holding has been below 50% since December 2009).

Linked themes: History

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