Thomson ReutersJanuary 25, 2013 12:15
* Bank was founded more than 500 years ago
* Dominates life in and around Siena
* Trading losses could reach nearly $1 billion
By Silvia Aloisi
SIENA, Italy, Jan 25 (Reuters) - When the Monte dei Paschi di Siena bank was founded in 1472, Michelangelo was not born, Columbus had still to discover America and Henry VIII of England had yet to split from the church of Rome.