The city of Siena knows its way around a horse race -- and also the world of banking. It's the home to one of Italy's largest banks, Banca Monte dei Paschi di Siena (BMPS) provides consumer, business, and other banking services to about 4.8 million clients through more than 2,000 branches throughout the country; it also has limited operations in several other nations. The bank, which claims to be the oldest in the world, was founded in 1472 to help the poor. It is split into a public institution (chiefly active in benevolent works, grants, and public assistance) and the incorporated banking arm (focused on profits). The Fondazione Monte dei Paschi owns about 49% of the bank, but controls some 60% of it.

Key financials for Banca Monte dei Paschi di Siena SpA

Key people and executives for Banca Monte dei Paschi di Siena SpA

Top competitors of Banca Monte dei Paschi di Siena SpA

• Banca Popolare di Milano
• Intesa Sanpaolo
• UniCredit

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Hoover's Industries

• Banking
  • Banking - Europe (primary)

• Financial Services
  • Investment Banking

Subsidiaries/affiliates of Banca Monte dei Paschi di Siena SpA

• Banca Agricola Mantovana S.p.A.
• Banca Antonveneta SpA

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