Italy’s Fineco stregthens its network and posts 130% increase in profits

Italy’s Fineco, the financial advisory network of UniCredit, has made a number of appointments across the country.

The company hired Corrado Cesaro from Mps as senior adviser and Giovanni Rossi, Vincenzo De Franceschi and Nicola Pasquariello from Mediolanum.

Pasquariello reports to Ottavio Corali, while the other hires will work in Tuscany under area manager Valerio Marchetti.

At the end of the third quarter, Fineco posted €162m profits, a 130% year on year increase and €1.8bn inflows.

Fineco recently unveiled the ‘open day’ initiative. Until the end of the year, Fineco Centers across Italy will be open on week-ends as well.

Financial advisers will be available to discuss with clients their best investment options, with bonuses and special deals offered as well.

Click here to find the Fineco Centers which will take part in the initiative.


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