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Looking for the next GameStop, Europe’s day traders hunt for old-world stonks Fortune 2/21/2021 © Camilla Cerea Bloomberg via Getty Images For Italian retail investors looking for their version of [hotlink]GameStop[/hotlink], the venerable Tuscan bank Monte dei Paschi di Siena looked like a good starting point.  Founded in 1472, MPS as it is known, is the world’s oldest continually operated bank. But the past few years have been its toughest. Heavily in debt after making an ill-advised €9 billion acquisition of a rival bank just before the 2008 global financial crisis hit, Monte dei Paschi has absorbed hundreds of millions in state bailouts. In 2016, it was the only major lender to fail European regulators’ system-wide stress test. 

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