Banca Monte dei Paschi di Siena SpA
Banca Monte dei Paschi di Siena SpA provides banking and credit services. It operates through the Retail Banking, Corporate Banking, and Corporate Center business segments. The Retail Banking segment provides financial and non-financial services such as wealth management and consumer credit to retail customers defined as family, affluent, small businesses, and private customers. The Corporate Banking segment offers financial products and services such as corporate finance credit and leasing and factoring packages to enterprises, institutions, and public administrations of the company. The Corporate Center oversees its activities such as proprietary finance, development and management of information systems, and recovery of bad debts to clients including banks under foreign law, central structures such as government functions, and service structures. The company was founded on February 27, 1472 and is headquartered in Siena, Italy.