Monday, September 29, 2008

Virtual Banking (17): Banca MPS

Banca MPS

Amidst all the turmoil on the financial markets I decided to see if there has been any chance in the status of a couple of banks I spotted a while ago in Second Life. The sim is called Banca MPS, which stands for Banca Monte dei Paschi di Siena SPA

"Banca Monte dei Paschi di Siena SPA (MPS) is the oldest surviving bank in the world. Founded in 1472 by the Magistrate of the city state of Siena, Italy, it has been operating ever since. Today it consists of approximately 1,800 branches, 28,000 employees and 4.5 million customers in Italy, as well as branches and businesses abroad. A subsidiary, MPS Finance, handles consumer finance.

Its headquarters in the Palazzo Salimbeni in Siena are host to a magnificent art collection and a large number of priceless historical documents spanning the centuries of its existence. However, this collection is not usually open to the public" [wikipedia]

On the sim you see a complex of buildings, in which nothing much happens. I've spotted this sim about a year ago and the evolution has been slow. Yet the the detail on the buildings is pretty good.

As I couldn't get in, I couldn't explore the buildings. However, I could peek through the opened doors allowing me to get a view of classical Italian paintings. I suspect this is the collection Wikipedia refers to. If the Real Life collection is not usually open to visitors, giving them a free entrance in Second Life would probably be a good thing. So why not open up folks?

In the Netherlands, Banca MPS is primarily known for acquiring Banca Antonveneta from Grupo Santander late 2007, which took over a part of the Dutch ABN Amro Bank, which in its turn had just aquired Antonveneta, making it the first non-italian takeover in the industry in Italy

(Okay, this is a soap... ABN AMRO was taken over by a trio of banks, aside from Santander, these were Barclays and Fortis. The latter of which is now being rescued by Belgian, Dutch and Luxemburgh governments and there are talks of selling the ABN Amro part again at a severe loss, most likely to the Dutch ING or French BNP Parisbas).


Banca Transylvania

The second bank on my list is Banca Transylvania, but this one is also closed for public. It has no neighbouring sims so I couldn't get any snapshots of that one. Hopefully someone can give me a few pointers.


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