MPS Finance (MPSF) was an Italian

investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

that was a sub-division of the

Banca Monte dei Paschi di Siena Banca Monte dei Paschi di Siena S.p.A. (), known as BMPS or just MPS, is an Italian bank. Tracing its history to a mount of piety founded in 1472 () and established in its present form in 1624 (), it is the world's List of oldest banks, oldest ...

. It operated between 2001 and 2007 when it was merged to form MPS Capital Services.

History

MPS Finance was founded in 2001 was set up to be one of the "center of excellence" of Monte dei Paschi di Siena Group. Operating on two macro-platforms, MPS Finance performed the typical investment banking activity (Capital Market, Derivatives, Corporate and Government Bonds) and, at the same time, it was a financial product factory which created and places a whole range of financial products and services for both corporate and retail customers. In 2007 MPS Finance and MPS Banca per l'Impresa SpA were integrated in a new company for project- and corporate-financing and special lending, MPS Capital Services Banca per l'Impresa SpA (MPS CS), the Corporate and Investment Bank of Montepaschi Group.

External links

* Defunct banks of Italy Former Montepaschi subsidiaries {{Italy-bank-stub