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Intesa Sanpaolo

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Intesa Sanpaolo S.p.A.
Company typePublic (BIT: ISP)
IndustryFinancial services
Founded2007 (merger of Banca Intesa and Sanpaolo IMI)
HeadquartersTurin, Italy
Key people
Corrado Passera (CEO), Giovanni Bazoli (Chairman of the executive board), Enrico Salza (Chairman of the supervisory board)
ProductsRetail, investment and private banking, investment management, public finance
RevenueIncrease $52,947 billion (2009) [1]
Increase €18.16 billion (2008)[1]
Increase €2.553 billion (2008)[1]
Total assets€636.1 billion (2008)[1]
Number of employees
108,310 (2008)[1]
Websitewww.intesasanpaolo.com

Intesa Sanpaolo (BIT: ISP) is a banking group resulting from the merger between Banca Intesa and Sanpaolo IMI. It has clear leadership in the Italian market and a strong international presence focused on Central-Eastern Europe and the Mediterranean basin.

Banca Intesa

Banca Intesa S.p.A. focuses in four main business areas.

Retail Division

The Retail Division serves individuals, small businesses, small and medium enterprises and non-profit organizations; its main activities include retail banking, wealth management, private banking and industrial credit.

Corporate Division

The Corporate Division serves mid and large corporates, financial institutions and public administrations; its main activities include mergers and acquisitions and structured finance services, merchant banking, capital market, global custody and the specialized international network.

Italian Subsidiary Banks Division

The Italian Subsidiary Banks Division includes banking subsidiaries rooted in regional markets.

International Subsidiary Banks Division

The International Subsidiary Banks Division involves subsidiaries abroad, providing retail and commercial banking services mainly in Central-Eastern Europe. Banca Intesa has branches and representative offices in Europe, Asia, Latin and North America, and Africa.

Sanpaolo IMI

The Gruppo Sanpaolo IMI is one of Italy's major banking and insurance groups and it is based in Turin. It employs about 44,000 people and it has about seven million customers.

It has about 3,200 local offices where private, business and retail banking activities take place. It also cares about savings and retirement funds.

Subsidiaries

See also

References

  1. ^ a b c d "Annual Report 2008". Intesa Sanpaolo. Retrieved 2009-08-06.

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