WN: Derivatives may be undoing of the world's oldest bank - Glob

[WorthyNewsBot]

Banca Monte dei Paschi di Siena, the world's oldest bank, was making loans when Michelangelo and Leonardo da Vinci were young men and before Columbus sailed to the New World. The bank survived the Italian War, which saw Siena's surrender to Spain in 1555, the Napoleonic campaign, the Second World War and assorted bouts of plague and poverty.

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