Italy

Italian banking houses of the 14th and 15th centuries invented modern banking. The Medicis, Peruzzis...

Venice developed Europes most sophisticated medieval banking system. The Banco di Rialto, founded in...

The worlds oldest continuously operating bank, founded in Siena in 1472 as a charitable mount of pie...

The concept of compound interest, where interest is charged on accumulated interest, was known to an...

UniCredit was formed from the 1998 merger of several Italian banks including Credito Italiano and Ro...

The Monte di Pieta, or mount of piety, was invented by Franciscan monks in Perugia in 1462 as a char...

The Medici Bank operated branches across Europe from 1397 to 1494. At its peak, the bank had 11 bran...

Venice was Europes banking center during the medieval period. Venetian bankers developed the bill of...

The Banco di Napoli, founded in 1539 as the Monte della Pietà of Naples, became one of the most impo...

Intesa Sanpaolo was formed from the 2007 merger of Banca Intesa and Sanpaolo IMI. The bank became th...

Genoese bankers rivaled and sometimes surpassed the Medicis during the Renaissance. Genoese banks fi...