Banca Monte dei Paschi di Siena SpA Headquarters

Banca Monte dei Paschi di Siena SpA Headquarters

Alessia Pierdomenico/Bloomberg

Siena officials founded Monte Paschi in 1472, after the Black Death wiped out more than half the city’s population. They modeled it after the pawnshops Franciscan monks had set up to counter usury. As it grew, the lender helped fuel the Renaissance in Tuscany that pulled Europe from the Middle Ages.