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Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. [ 7 ] It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583.
Banca Intesa and Sanpaolo IMI announced, in August 2006, that they were to merge to found Italy's biggest and Europe's third-largest banking group in terms of total assets. The effective merger date was 1 January 2007 and adopted the name "Intesa Sanpaolo SpA". The registered office of the new bank was Turin and Milan remained as the secondary ...
On 26 July 2011 Intesa Sanpaolo acquired all shares from Banca Sella Holding, CBA Vita and HDI Assicurazioni, as well as part of the shares from Fondazione Monteparma, Fondazione di Piacenza e Vigevano and CGI. The new ownership became Intesa Sanpaolo 60.798%, Fondazione Monte di Parma 20.987%, Fondazione di Piacenza e Vigevano 15.214%, CGI 2.536%.
In 2006 Banca Intesa had a proposed merge with Sanpaolo IMI (eventually the formation of Intesa Sanpaolo). Despite Banca Intesa was formed from many merger by share exchange, French banking company Crédit Agricole was the major shareholder of Banca Intesa for 17.18%, followed by Fondazione Cariplo (9.22%), Generali Group (7.54%) and Fondazione ...
The roots of Eurizon Capital can be traced back to the asset management division of Sanpaolo that was established near the end of 1983. [2] [5] [6]In 2005, Sanpaolo IMI established the subsidiary unit, Eurizon Financial Group which would encompass it's insurance and asset management business.
Italy's biggest bank Intesa Sanpaolo said on Monday it had reopened the deadline for thousands of its customers to opt out of switching to its digital lender Isybank, following protests from ...
In 2010 a 60% stake of Arca Vita was bought from Banca Popolare dell'Emilia Romagna (BPER) and Banca Popolare di Sondrio (BPSO); a 31.56% minority stake of Arca Assicurazioni was acquired from BPER, BPSO, Banca Popolare di Marostica, Credito Siciliano and Banca Popolare Sant'Angelo. In 2011 BNP Paribas bought back BNL Vita from Unipol.
Banca IMI is a subsidiary of Intesa Sanpaolo which is specialized in investment banking and capital markets. The bank can trace its origins to the Istituto Mobiliare Italiano . IMI merged with Istituto Bancario San Paolo di Torino to form Sanpaolo IMI in 1998 (through which a new subsidiary of the new group Banca d'Intermediazione Mobiliare was ...