Monte dei Paschi di Siena

Monte dei Paschi di Siena is a Europan bank, which is presently the oldest in the world. It was founded in 1472 by the Magistrate of of Siena. In 2007, MPS acquired Banca Antonveneta from Grupo Santander for 9 billion Euro, making it the third-largest bank in EUropa, after UniCredit and Intesa Sanpaolo. Presently there are ongoing talks for a merger with Unicredit.