Banca MPS

Banca Monte dei Paschi di Siena SpA engages in the provision of retail and commercial banking services. It operates through the following business segments: Retail Banking, Wealth Management, Corporate Banking, Banca Widiba SpA and Corporate Center. The Retail Banking segment includes sales activities of retail customers. The Wealth Management segment includes the sales activities of private banking customers and the subsidiary MPS Fiduciaria. The Corporate Banking segment includes the sales activities of corporate customers, large corporate area, Foreign Branches and the subsidiaries MPS Capital Services, MPS Leasing & Factoring and the foreign banks BMP Belgio S.A. and MP Banque. The Banca Widiba SpA segment includes the financial advisor network and the self-service channel. The Corporate Centre segment includes the results of the service operations supporting the Group's business, dedicated in particular to the management and development of information technology systems; companies consolidated at equity and held for sale; and operating units, such as proprietary finance, asset liability management, treasury and capital management. The company was founded on February 27, 1472 and is headquartered in Siena, Italy. Read Less