Скачать или смотреть Monte dei Paschi di Siena: Banking with Morality

Founded as a Monte di Pieta, our goal was to offer low-interest loans to the working poor, protecting them from loan sharks and debt slavery, proving money could be moral. #MonteDeiPaschi #BankingHistory #EthicalFinance #Siena #ItalianHistory #Finance #Loans #Charity #MoralBanking #debtrelief

Discover the unbelievable true story of Banca Monte dei Paschi di Siena, the world’s oldest surviving bank, founded in 1472 in the Italian city of Siena. This historic institution has witnessed the rise and fall of empires, weathered wars and economic crises, and survived one of the biggest banking scandals in European history.

In this video, we explore Monte dei Paschi’s extraordinary 550-year journey — from its origins as a monte di pietà providing ethical loans to the poor, to its transformation into a major financial power, and its near-collapse in the wake of the 2008 global financial crisis.

Learn how the bank’s controversial 2007 acquisition of Banca Antonveneta, complex derivatives contracts like “Santorini” and “Alexandria,” and multiple bailouts led to legal battles, public scrutiny, and a decade of turmoil. And see how, against all odds, Monte dei Paschi staged a dramatic turnaround in 2023 — posting its biggest profit in modern history.

The genesis of modern finance traces back not to Wall Street, but to Siena, Italy, as this video explores the medieval roots of the global banking system, highlighting the significance of the banca monte dei paschi di siena and medieval banking practices. See how this small city influenced financial systems and economic history. Thanks for watching! Please like, subscribe and comment if you enjoyed!

Thanks for watching! Please like, subscribe and comment if you enjoyed!

Source: https://en.wikipedia.org/wiki/Banca_M...

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Some pronunciation and information may be inaccurate and some parts of the text may have been changed or reworded.
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