News

For over eight years, I’ve been reporting on struggles at the world’s oldest bank, Banca Monte dei Paschi di Siena in Siena, Italy, where I am from. Here’s how it has lasted for so long ...
Founded in the 15th century, Monte dei Paschi is the world’s oldest bank, but not the most venerable. It is Italy’s most dangerously indebted lender and could pose a systemic risk if it goes ...
Of the various banks in Italy, BMDPF is the one where I would ... and the new tax rules put fuel on the fire. For the oldest bank in the world I do not see a rosy future, and in hindsight many ...
MARCH 2008 - The Bank of Italy, led by Mario Draghi, approves the Antonveneta takeover. MARCH 2009 - MPS sells 1.9 billion euros in special bonds to Italy's Treasury to shore up its finances.
Some people know Banca Monte dei Paschi di Siena as one of the biggest banks in Italy (lately best known for being either ... Others know it for being the world's oldest surviving bank, founded in ...
«The historical archive of the Banco di Napoli is the world's largest collection of banking documents.» And the Treccani, Italy's definitive encyclopedia, calls the bank the «oldest credit ...
Italy offloaded another 15 per cent stake ... process in the country’s banking sector. Shares in the world’s oldest bank jumped more than 12 per cent on Thursday after the €1.1bn sale ...
The epitome of Italy's banking woes until a 2017 state ... Fans say it has put the world's oldest bank on the front foot, after years of fixing its finances. "Lovaglio turned MPS from a passive ...
The world’s oldest bank began engaging in the cut-and ... [Monte dei Paschi] was one of the best capitalised banks in Italy,” he told me. “The financial problems started from that point.” ...