Investment banks active in Italy

Background information Even if the investment banking industry was first invented in Italy, when Middle Ages commodity traders in Lombardy, followed by Hebrew merchants seeking shelter in Italy from persecutions in Spain began investing into the wheat production and distribution chain,

Banca Monte dei Paschi di Siena

Background information “That he be hanged by the neck until he is dead on the gallows…”. So goes the report of the execution of Armenio Melari, treasurer at Monte dei Paschi di Siena, in year 1629. He had been convicted to death for having stolen money from the bank. No appeal was conceded while his…