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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…

Intesa Sanpaolo acquires Morval Vonwiller

By: Eugenia Jimenez | 12 Apr 2018

Italian bank Intesa Sanpaolo has completed the acquisition of Swiss group Morval Vonwiller, which also implies the acquisition of its private bank Banque Morval. Intesa, already operating…

Intesa Sanpaolo strikes distribution deal with Poste Italiane

By: Eugenia Jimenez | 12 Apr 2018

The Italian postal service provider Poste Italiane and the banking group Intesa Sanpaolo have signed a three-year distribution agreement aimed at expanding both entities’ product offering to…

World Bank targets Italy with new sustainable development bond

By: Eugenia Jimenez | 11 Apr 2018

The World Bank has issued a sustainable development bond as it looks to help to eradicate poverty and promoting shared prosperity. The bonds, denominated in US dollars,…

Eurizon launches the first green bonds fund managed by an Italian firm

By: Eugenia Jimenez | 09 Apr 2018

Eurizon has launched the Eurizon Fund – Absolute Green Bonds, the first international absolute return bond markets strategy managed by an Italian asset manager. Eurizon Fund –…

Sara Vita debuts with PIR multi-life policy

By: Eugenia Jimenez | 05 Apr 2018

Italy’s insurance company Sara Vita has launched Sara Bi-Fuel PIR, a multi-life policy investing in Italian SMEs. Sara Vita is the company of the Sara Assicurazioni Group…

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