MPS Finance (MPSF) was an Italian investment bank that was a sub-division of the Banca Monte dei Paschi di Siena. It operated between 2001 and 2007 when it was merged to form MPS Capital Services.
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | 2001 |
| Defunct | 2007 |
| Fate | Merged |
| Successor | MPS Capital Services |
| Headquarters | , Italy, Viale G. Mazzini 23 |
| Products | Capital Markets, bonds |
| Parent | Banca Monte dei Paschi di Siena |
| Website | www |
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, is 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.