Private equity investor Hellman & Friedman and Singapore sovereign wealth fund GIC have reached a deal to acquire mutual fund platform Allfunds Bank for €1.8bn from co-owners Santander Asset Management and Intesa Sanpaolo. Spain’s Santander has agreed to sell its 25% stake in Allfunds Bank for around €470m, the Spanish lender said in a note […]
Carlo Messina, CEO of Intesa Sanpaolo (ISP), confirmed on Friday last week the bank is considering a potential tie-up with the country largest insurer Assicurazioni Generali, but he clarified the bank would only proceed if the deal aligns with its strategic plans. A potential deal should fit with the strategic priorities included in the ISP’s […]
Lyxor Asset Management has signed a distribution agreement with Intesa Sanpaolo Private Banking, the wealth management arm of the Intesa Sanpaolo banking group. The deal will make Lyxor’s range of alternative Ucits and multi-asset funds available to private banking investors in Italy. The agreement includes the distribution of seven alternative Ucits funds and two multi asset funds of Lyxor. Lyxor’s […]
Italy’s Intesa Sanpaolo has announced the resignation of Francesco Micheli from its management board.
Banca Monte dei Paschi di Siena (Mps) has added two financial advisers to its teams in Sardinia and Puglia.
Italy’s Intesa Sanpaolo is issuing a senior bond targeted exclusively
at the US and Canadian markets for a total amount of $1.25bn.
Intesa Sanpaolo Group has seen strong increase in net fees and commissions during first half of 2013, report says.
Intesa Sanpaolo’s Banca Fideuram continues its financial advisers’ recruitment process by adding six new employees throughout Italy.
Eurizon Capital,Intesa Sanpaolo’s unit for asset management, has successfully obtained the status of Qualified Foreign Institutional Investor(QFII) from China.
Intesa Sanpaolo is to open a representative office in Sydney in order to seek new business opportunities with Italian clients.
Italy’s bank Intesa Sanpaolo has launched a new exhibition venue in the historical headquarters of Banca Commerciale Italiana.
Despite the significant easing of tensions on the financial markets in recent weeks, the Italian economy is still on course for a 2.4% market contraction in GDP in 2012, according to Paolo Mameli, economist at Italy’s bank Intesa Sanpaolo.