"One Italian bank has been operating continuously for over 500 years." Founded 20 years before Columbus arrived in the Americas, the Banca Monte dei Paschi di Siena was originally a mount of piety -- something like a charitable pawn shop-moneylender crossover that was viewed as less of a societal evil than straightforward money-lending. Today, MPS is the third-largest bank in Italy, with over 30,000 employees and 4 million customers.
Posted on: Wed, 10 Jul 2013 06:15:45 +0000
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