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Banque Profil de Gestion to buy Geneva-based Dynagest

By: Eugenia Jimenez | 24 Apr 2018

Banca Profilo’s Swiss subsidiary Banque Profil de Gestion (BPDG) has signed a binding agreement for the acquisition of Geneva-based broker and fixed income adviser Dynagest SA. The…

HSBC names Italy CEO

By: Eugenia Jimenez | 24 Apr 2018

HSBC has appointed Gerd Pircher as the chief executive officer for its business in Italy. Pircher, who is succeeding Marzio Perrelli, joined recently the Italian operation in…

Intermonte debuts in the Sicav market

By: Eugenia Jimenez | 23 Apr 2018

Intermonte Advisory and Management has launched Intermonte Sicav, an Ucits IV Sicav with two actively managed sub-funds aimed at institutional, professional and retail investors. The first sub-fund…

La Française strikes deal with AlpenBank AG for Italy

By: Eugenia Jimenez | 23 Apr 2018

Asset management group La Française has reached an agreement with the Austrian private bank AlpenBank AG aimed at expanding its presence in Italy. The partnership will provide AlpenBank…

Generali to sell Belgian arm for €540m

By: Eugenia Jimenez | 20 Apr 2018

Italy’s insurance company Generali has agreed to sell its Belgian business to Bermuda-based Athora Holding for €540m. The transaction will generate a capital gain of about €150m…

UBS WM Italy hires ex-Fidelity International veteran as wealth head

By: Eugenia Jimenez | 19 Apr 2018

The Italian Wealth Management unit of UBS has appointed Paolo Federici as head of wealth to be made effective on 30 of April 2018. Federici – who…

Intesa to speed up NPLs recovery through €3.6bn deal with Intrum

By: Eugenia Jimenez | 18 Apr 2018

Intesa Sanpaolo’s board of directors has approved a €3.6bn partnership with the Swedish credit management firm Intrum that will enable the Italian bank to reduce its NPLs by…

Exclusive: Indosuez WM hires Marco Szemere as senior wealth manager

By: Eugenia Jimenez | 17 Apr 2018

Indosuez Wealth Management (Indosuez WM), the global wealth management business of Crédit Agricole group, has appointed Marco Szemere as senior wealth manager to be based in Milan.…

Banca Patrimoni Sella partners with Rothschild AM to launch flexible FoF

By: Eugenia Jimenez | 17 Apr 2018

Banca Patrimoni Sella and Rothschild AM have partnered for the launch of R Profilo BPA Selection, a flexible and global multistrategy fund of funds. R Profile BPA…

Mediobanca adds two for private banking push

By: Eugenia Jimenez | 16 Apr 2018

Mediobanca Private Banking has appointed Jacopo Gerosa and Claudia Mazzola as private bankers to work in the division led by Angelo Viganò. Gerosa joins Mediobanca from the…

Intermonte names chief global strategist

By: Eugenia Jimenez | 16 Apr 2018

Italy’s independent investment bank Intermonte SIM has appointed Antonio Cesarano as chief global strategist. With some 30 years’ experience, Cesarano will be responsible for overseeing and formulating…

UniCredit’s management board names Italy’s former minister Saccomanni as chairman

By: Eugenia Jimenez | 13 Apr 2018

UniCredit shareholders’ meeting has approved by 98.65% of the votes the 2017 financial statements, which closed the year with a net profit of €5.4bn. The shareholders of…

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