Fondazione Monte Dei Paschi Di Siena
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Fondazione Monte Dei Paschi Di Siena
Fondazione Monte dei Paschi di Siena (FMPS) is a philanthropic organization based in Siena, Tuscany, Italy. The foundation was in fact the original statutory corporation of Monte dei Paschi di Siena. Due to Legge Amato, in 1995 there was a separation: Banca Monte dei Paschi di Siena became the company controlling the banking business, meanwhile the statutory corporation became Fondazione MPS, a foundation and private legal person which held the bank's shares. Since the 1936 statute 16 members of the Fondazione Monte dei Paschi di Siena were appointed by local authorities: 8 members by the municipality of Siena, 5 by the province of Siena, 1 by the University of Siena, 1 by the Tuscany region and the latter by Archdioceses of Siena, Colle Val d’Elsa and Montalcino. The Foundation appoints the MPS governing body whose governance and operativity has been highly influenced by the Italian politic since the 20th century. History The foundation was the major shareholders of Banca Mo ...
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Palazzo Sansedoni
Palazzo Sansedoni is a Gothic architecture, Gothic style urban palace and tower, whose concave facade is situated facing the Palazzo Pubblico, Siena, Palazzo Pubblico across the Piazza del Campo in the political center of the city of Siena, region of Tuscany, Italy. History The palace was erected after the mid-13th century fusing nearly five private homes, and closing one of the access points to the Piazza. The contract and design for the building from 1340 still survives, which names the master masons Agostino di Giovanni, Agostino di Rosso and Cecco di Casino as responsible. Completion of the palace took nearly a century. In 1466, the owner, Tofo di Cecco Sansedoni, was requested to complete the Piazza facade, and fill in many of the window arches. The street side was satisfactorily completed. Some sources report the tower was truncated in order to not have it taller than the Torre del Mangia. The ground floor would have had many shops lining the street and campo. The palace und ...
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Derivative (finance)
In finance, a derivative is a contract that ''derives'' its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often simply called the "underlying". Derivatives can be used for a number of purposes, including insuring against price movements ( hedging), increasing exposure to price movements for speculation, or getting access to otherwise hard-to-trade assets or markets. Some of the more common derivatives include forwards, futures, options, swaps, and variations of these such as synthetic collateralized debt obligations and credit default swaps. Most derivatives are traded over-the-counter (off-exchange) or on an exchange such as the Chicago Mercantile Exchange, while most insurance contracts have developed into a separate industry. In the United States, after the financial crisis of 2007–2009, there has been increased pressure to move derivatives to trade on exchanges. Derivatives are one of the ...
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Organizations Established In 1995
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, including ...
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1995 Establishments In Italy
File:1995 Events Collage V2.png, From left, clockwise: O.J. Simpson is O. J. Simpson murder case, acquitted of the murders of Nicole Brown Simpson and Ronald Goldman from the 1994, year prior in "The Trial of the Century" in the United States; The Great Hanshin earthquake strikes Kobe, Japan, killing 5,000-6,000 people; The Unabomber Manifesto is published in several U.S. newspapers; Gravestone, Gravestones mark the victims of the Srebrenica massacre near the end of the Bosnian War; Windows 95 is launched by Microsoft for Personal computer, PC; The first exoplanet, 51 Pegasi b, is discovered; Space Shuttle Atlantis docks with the Space station Mir in a display of U.S.-Russian cooperation; The Alfred P. Murrah Federal Building in Oklahoma City is Oklahoma City bombing, bombed by Domestic terrorism in the United States, domestic terrorists, killing 168., 300x300px, thumb rect 0 0 200 200 O. J. Simpson murder case rect 200 0 400 200 Great Hanshin earthquake, Kobe earthquake rect 400 0 6 ...
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Ministry Of Economy And Finance (Italy)
The Ministry of Economy and Finance ( it, Ministero dell'Economia e delle Finanze), also known by the acronym MEF, is a ministry of the Italian government. Its responsibilities include overseeing economic policy, public investments and spending. The Ministry's headquarters are located in Rome's historic ''Palazzo delle Finanze''. The current minister in the Meloni Cabinet is Giancarlo Giorgetti. History Already in 1947 the De Gasperi III Cabinet tried to merge the pre-existing Ministries of Treasure and Finance but it found a political opposition due to the great power concentrated in the hands of minister Pietro Campilli, and the project was abandoned for over fifty years. MEF was created with the Bassanini reform which unified the economical ministers with the legislative decree n. 300 of 1999. In 2001 the Berlusconi II Cabinet applied the reform and the MEF was created with the merger of former ministries: the Ministry of Treasure, Budget and Economic Programming and the Mini ...
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Banking Foundation
Banking foundation is a type of foundation that originated as a bank. The banking reforms split the banks (usually local and community owned savings banks, as a statutory corporation) into limited company and holding company (or banking foundation). Austria * ERSTE Foundation Germany * - parent of Hamburger Sparkasse Italy * Fondazione di Sardegna * Members of Associazione di Fondazioni e di Casse di Risparmio S.p.A. * Fondazione Pisa * Fondazione Roma * Fondazione Sicilcassa (defunct) * Fondazione Banca Monte Lugo (merged with other foundations) * Fondazione Cassa di Risparmio di Lugo (merged with other foundations) * Fondazione Compagnia di San Paolo Norway * Sparebankstiftelsen DnB San Marino * Fondazione San Marino Spain * La Caixa La Caixa, also known as the "La Caixa" Foundation ( es, Fundación ”la Caixa”), is a not-for-profit banking foundation based in Catalonia. Originally a savings bank (''caja''), it reorganized in the 2000s and 2010s: Its commercial a ...
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Savings Bank
A savings bank is a financial institution whose primary purpose is accepting savings account, savings deposits and paying interest on those deposits. History of banking, They originated in Europe during the 18th century with the aim of providing access to Wealth, savings products to all levels in the population. Often associated with social good, these early banks were often designed to encourage low-income people to Saving, save money and have access to banking services. They were set up by governments or by socially committed groups or organisations such as with credit unions. The structure and legislation took many different forms in different countries over the 20th century. Savings banks and Savings and loan association, savings-and-loans are often confused. The original function of savings banks to service consumers was limited to savings. Savings banks invested in Government debt, government and Corporate bond, corporate debt. Savings and loan associations had a dual p ...
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BTG Pactual
BTG Pactual is a Brazilian financial company that operates in the markets of investment banking, wealth management, asset management, corporate lending and sales and trading. It offers advisory services in mergers and acquisitions, wealth planning, loans and financings, as well as investment solutions and market analyses. It is the sixth largest banking institution in Brazil, the sixteenth largest in Latin America, and the largest investment bank in Latin America and the Caribbean. With headquarters in Rio de Janeiro and São Paulo, the clients of the bank, which began as a brokerage firm in 1983 in Rio de Janeiro, are companies, retail and institutional investors, as well as municipal, state and federal governments. With assets of US$72.6 bn and shares traded on the B3 and NYSE Euronext, BTG Pactual has offices primarily in Latin American cities and in the world's leading financial centers. BTG Pactual is controlled by André Esteves, Roberto Sallouti, Nelson Jobim, John Huw ...
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