Banca Monte dei Paschi di Siena
Banca Monte dei Paschi di Siena's Overview
Banca Monte dei Paschi di Siena S.p.A. (MPS) is the oldest surviving bank in the world, founded in 1472 in Siena, Italy, where its headquarters remain. It provides a comprehensive range of banking and financial services, including retail banking, corporate banking, wealth management, and insurance products. MPS primarily serves individuals, families, small and medium-sized enterprises (SMEs), and corporations across Italy. Despite its unparalleled history, the bank has navigated significant financial challenges in recent decades, leading to state interventions and extensive restructuring efforts aimed at ensuring its long-term stability and competitiveness in the modern financial landscape.
Where is Banca Monte dei Paschi di Siena's Headquarters?
HQ Function
Serves as the central administrative and strategic hub for the bank's national operations, housing key corporate functions, executive management, and its invaluable historical archives.
Notable Features:
Housed in the historic Palazzo Salimbeni, a prominent Gothic-style palace complex dating back to the 14th century (with earlier elements). The complex includes the bank's significant historical archives and an art collection. Piazza Salimbeni itself is a notable Sienese landmark.
Work Culture:
The work culture at the headquarters likely blends a deep sense of tradition and historical pride, stemming from its unique heritage and Sienese roots, with the dynamic and demanding environment of a modern financial institution undergoing transformation. A strong emphasis on regulatory compliance, customer service, risk management, and adapting to evolving market conditions is expected.
HQ Significance:
The headquarters is profoundly significant as it represents the bank's deep historical roots, being the original and continuous seat of the world's oldest operating bank. It symbolizes continuity, resilience, and the bank's strong, enduring ties to the Sienese territory and Italian heritage.
Values Reflected in HQ: The headquarters prominently reflects values of deep historical tradition, continuity with its centuries-old legacy, resilience in overcoming challenges, and a strong commitment to its Sienese and Italian heritage. It also signifies the bank's ongoing efforts to integrate its storied past with the demands of modern finance and governance.
Location:
Banca Monte dei Paschi di Siena is primarily focused on the Italian domestic market, where it has an extensive network of branches. Historically, MPS maintained a limited international presence with branches and representative offices in key financial centers to support Italian businesses operating abroad and international clients with interests in Italy. As part of strategic restructuring plans in recent years, this international footprint has been significantly rationalized. Current international activities are mainly focused on correspondent banking relationships and providing essential support for the international trade finance needs of its Italian corporate and SME customers. Core operational functions such as retail banking, corporate banking, wealth management, and treasury are predominantly managed and supported from Italy.
Street Address:
Piazza Salimbeni, 3
City:
Siena
State/Province:
Tuscany
Country:
Italy
Banca Monte dei Paschi di Siena's Global Presence
Milan, Lombardy, Italy
Address: Via Santa Margherita, 11, 20121 Milano MI, Italy
To strengthen the bank's presence and competitiveness in Northern Italy, a vital economic area, by providing comprehensive financial services and capturing business opportunities in the country's primary financial and business center.
Rome, Lazio, Italy
Address: Piazzale dell'Agricoltura, 24, 00144 Roma RM, Italy
To ensure robust service coverage in Central Italy and manage key institutional relationships from the nation's capital, complementing its historic Sienese headquarters and Milan financial hub.
Buying Intent Signals for Banca Monte dei Paschi di Siena
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Executive Team of Banca Monte dei Paschi di Siena
As of April 2025, Banca Monte dei Paschi di Siena' leadership includes:
Investors of Banca Monte dei Paschi di Siena
Banca Monte dei Paschi di Siena has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Banca MPS experienced a significant leadership transition at the Chairman level in May 2024 following the unexpected passing of Alessandro Profumo, with Nicola Maione appointed as the new Chairman. The bank also strengthened its financial leadership with the appointment of a new CFO in late 2023. A board member also resigned in March 2024.
Departures
New Appointments:
Technology (Tech Stack) used by Banca Monte dei Paschi di Siena
Discover the tools Banca Monte dei Paschi di Siena uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Banca Monte dei Paschi di Siena Email Formats and Examples
Banca Monte dei Paschi di Siena (MPS) likely utilizes standard corporate email formats for its professional communications. The most probable patterns involve combinations of employee first names, last names, and initials, followed by the '@mps.it' domain. These formats are common for large organizations to ensure consistency and professionalism.
Common formats include [first].[last]@mps.it (e.g., mario.rossi@mps.it) or [finitial][last]@mps.it (e.g., mrossi@mps.it). Less commonly, [first_initial].[last_initial]@mps.it might be used for specific internal systems or roles.
Format
luigi.lovaglio@mps.it
Example
70%
Success rate
News and media
Bloomberg News • May 22, 2024
Banca MPS Names Nicola Maione as New Chairman After Profumo’s Death
Banca Monte dei Paschi di Siena SpA appointed Nicola Maione as its new chairman, filling the role left vacant by the sudden death of Alessandro Profumo. Maione, an existing board member and head of the bank's risk and sustainability committee, steps into the leadership position at a critical juncture for the state-controlled lender as it continues its turnaround plan....more
Reuters • May 9, 2024
Banca MPS Lifts Profit View After Strong Q1 Performance
Banca Monte dei Paschi di Siena reported stronger-than-expected first-quarter earnings, driven by higher net interest income and resilient fees. The bank subsequently raised its net profit forecast for 2024, indicating positive momentum in its ongoing recovery and restructuring efforts. CEO Luigi Lovaglio highlighted the bank's progress in achieving sustainable profitability....more
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