There are almost 150 investors - mostly foreign - who yesterday purchased 25% of the capital of Monte dei Paschi di Siena from the Ministry of Economy, which thus fell to 39.23% of the Sienese bank, gaining 920 million euros. The market responded to the sale with a lively presence of American funds: Marshall Wace, Wellington (one of the largest funds in the world), and Blackrock. What attracted investors? The bank's profitability - 929 million profit in the first nine months and the promise of reaching 1.1 billion at the end of the year - and the commitment of the CEO Lovaglio to bring forward the distribution to mid-2025, based on the previous budget of the first dividends of the new era. But also, the fact that MPS trades at a discount, has become solid (CET1 at 16.7% in the first three quarters), has a small treasure trove of tax credits from deferred taxes and is an opportunity for those from overseas who want to take positions on an institute in the Southern European area. Especially if there is the promise that the bank can get together and start a third credit hub as hoped for by the Minister of Economy Giancarlo Giorgetti and Prime Minister Giorgia Meloni.