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Bipop
Banca Popolare di Brescia S.c.r.l. (Bipop) was an Italian cooperative bank based in Brescia, Lombardy. In 1999 the bank merged with Cassa di Risparmio di Reggio Emilia. According to Mediobanca, the bank was ranked 30th in terms of client deposits in 1998 (€5,735,732 thousands). In 1999 the bank had a share capital of 600,847,375,000 lire (about €310 million). History Banca Popolare di Brescia was found in 1983 by the merger of Banca Popolare di Lumezzane and Banca Popolare di Palazzolo. The bank was the parent company of Fineco Holding (77.4% stake in 1994). The bank acquired Cisalpina Gestioni from Area Gestioni Finanziarie (30%), Area Consult SIM (6.15%), Banca Popolare di Intra (13.65%), Banca Popolare di Luino e Varese (13.65%) and Banca Popolare di Abbiategrasso (13.65%) in 1994 (renamed to Fineco Gestioni SGR in 2002; merged with Fineco Asset Management SGR in 2004; renamed to Capitalia Asset Management SGR on 1 January 2006). In 1999 the bank merged with Cassa di Ris ...
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Bipop Carire
Bipop Carire S.p.A. was an Italian banking group based in Brescia, Lombardy. The group became part of Capitalia in 2002. Capitalia itself became part of UniCredit in 2007, which the brand Bipop Carire was absorbed into UniCredit in 2008. Bipop Carire was formed as a merger of Banca Popolare di Brescia (Bipop) and Cassa di Risparmio di Reggio Emilia (Carire) in 1999. Fineco was a subsidiary of the group. History Bipop–Carire was a merger of Cassa di Risparmio di Reggio Emilia (Carire, found 1494) and Banca Popolare di Brescia (Bipop, found 1983 by the merger of Banca Popolare di Lumezzane and Banca Popolare di Palazzolo) in 1999. It was listed in Borsa Italiana (Milan Stock Exchange). However the group was suffered from false account scandal in 2001, which the group was then merged with Banca di Roma to form Capitalia in 2002. After the merger, Bipop Carire still operated as a brand and division of Capitalia. However, in 2008 Capitalia was acquired by UniCredit and the banking ...
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Cassa Di Risparmio Di Reggio Emilia
Cassa di Risparmio di Reggio Emilia S.p.A. (Carire) was an Italian bank based in Reggio Emilia. The bank merged with Banca Popolare di Brescia in 1999. According to Mediobanca, the bank was ranked 45th in terms of client deposits in 1998 (€1,905,209 thousands). History The bank was found on 31 March 1852 by Pietro Manodori, the president of Reggio Emilia's mount of piety (found circa 1494). The formation of the bank was authorized by a decree of Francis V, Duke of Modena, the ruler of the Duchy of Modena and Reggio at that time. Due to Legge Amato, the daily bank operation and ownership were split into a società per azioni and a bank foundation in 1991. At first the bank had a share capital of 120 billion lire. It was increased to 183 billion lire (about €94.5 million) in 1999. The bank was merged with Banca Popolare di Brescia (Bipop), forming Bipop Carire in 1999 (Bipop Carire was absorbed by UniCredit in 2008). Cariparma was a minority shareholder of Carire but was sol ...
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Capitalia Group
Capitalia was an Italian banking group headquartered in Rome. The bank was a listed company in Borsa Italiana (Milan Stock Exchange). The bank was acquired by UniCredit by issuing new shares of UniCredit for shares of Capitalia. History Capitalia was formed on 1 July 2002 in a merger of Banca di Roma (and its subsidiary Banco di Sicilia and Mediocredito Centrale) and Bipop Carire (and its subsidiary Fineco). In the same year the bank sold 10 branches from Apulia, Campania and Molise regions to Banca Popolare di Puglia e Basilicata. Capitalia in turn agreed to be taken over by UniCredit in May 2007, becoming part of the second-largest bank in the European Union by stock market value and the sixth-largest in the world. Merger with UniCredit In May 2007, plans were finalized for the buyout of Capitalia by its larger Italian rival, UniCredit. All banks of the Capitalia group in Northern Italy will be reconfigured as UniCredit banks; in turn, all Unicredit banks in the rest of Italy ...
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Capitalia
Capitalia was an Italian banking group headquartered in Rome. The bank was a listed company in Borsa Italiana (Milan Stock Exchange). The bank was acquired by UniCredit by issuing new shares of UniCredit for shares of Capitalia. History Capitalia was formed on 1 July 2002 in a merger of Banca di Roma (and its subsidiary Banco di Sicilia and Mediocredito Centrale) and Bipop Carire (and its subsidiary Fineco). In the same year the bank sold 10 branches from Apulia, Campania and Molise regions to Banca Popolare di Puglia e Basilicata. Capitalia in turn agreed to be taken over by UniCredit in May 2007, becoming part of the second-largest bank in the European Union by stock market value and the sixth-largest in the world. Merger with UniCredit In May 2007, plans were finalized for the buyout of Capitalia by its larger Italian rival, UniCredit. All banks of the Capitalia group in Northern Italy will be reconfigured as UniCredit banks; in turn, all Unicredit banks in the rest of Italy ...
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Banca Di Roma
UniCredit Banca di Roma S.p.A. was an Italian bank based in Rome, Lazio region. It was a subsidiary of UniCredit Group. In 2010 the subsidiary was absorbed into the bank, but retained as a registered trademark. In 2008 the bank had 1533 branches: 608 in Lazio, 219 in Campania, 173 in Apulia, 171 in Tuscany, 99 in Marche, 84 in Umbria, 59 in Sardegna, 49 in Abruzzo, 38 in Molise, 23 in Calabria and 10 in Basilicata. (Sicily and Northern Italy were served by sister companies Banco di Sicilia and UniCredit Banca respectively) History Banca di Roma S.p.A. was formed by the merger of Banco di Santo Spirito, Banco di Roma and Cassa di Risparmio di Roma. In 1991 the banking section of Cassa di Risparmio di Roma was absorbed by Banco di Santo Spirito, as Legge Amato required all saving banks of Italy ( it, Cassa di Risparmio) had to transform into S.p.A. (company limited by shares). The owner, Fondazione Cassa di Risparmio di Roma, chose not to form an independent bank but a holding comp ...
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Banco Di Brescia
Banco di Brescia San Paolo CAB S.p.A., known as Banco di Brescia, was an Italian bank based in Brescia, Lombardy. On 20 February 2017 it was absorbed into the parent company UBI Banca. The bank had 288 branches (as of June 2016): 205 in Lombardy, 45 in Lazio, 27 in Veneto, 9 in Friuli – Venezia Giulia and 1 in Trentino – South Tyrol. In the last three regions, Banco di Brescia is the only brand of UBI Banca in that area. History In 1998 Banca San Paolo di Brescia and Credito Agrario Bresciano merged to form Group Banca Lombarda. Their subsidiaries, Banca di Valle Camonica and Banco di San Giorgio remained as separate entities. However, the group formed a new brand for the two Brescia based bank, which Banco di Brescia was formed on 1 January 1999. In 2007 it was part of Group UBI Banca, after the banking group acquired Banca Lombarda in an all-share deal. In 2016, the new business plan of UBI Banca was announced. The banking group no longer use their retail sub-brands in th ...
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Cooperative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failure ...
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Banca Di Valle Camonica
Banca di Valle Camonica S.p.A. was an Italian bank based in Breno, in the Province of Brescia, Lombardy. The bank is named after Val Camonica. History Founded in 1872, Banca di Valle Camonica was a subsidiary of Banca San Paolo di Brescia since 1963. The parent company merged with Credito Agrario Bresciano to form Banca Lombarda Group. In 2007, the bank became part of UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading .... References Defunct banks of Italy Companies based in Lombardy Buildings and structures in the Province of Brescia Banks established in 1872 Italian companies established in 1872 Former UBI Banca subsidiaries {{Italy-bank-stub ...
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Companies Based In Brescia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Italian Companies Disestablished In 1999
Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, an ethnic group or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance language *** Regional Italian, regional variants of the Italian language ** Languages of Italy, languages and dialects spoken in Italy ** Italian culture, cultural features of Italy ** Italian cuisine, traditional foods ** Folklore of Italy, the folklore and urban legends of Italy ** Mythology of Italy, traditional religion and beliefs Other uses * Italian dressing, a vinaigrette-type salad dressing or marinade * Italian or Italian-A, alternative names for the Ping-Pong virus, an extinct computer virus See also * * * Italia (other) * Italic (other) * Italo (other) * The Italian (other) * Italian people (other) Italian people may refer to: * in terms of ethnicity: all ethnic Italians, in and outside of Italy * in t ...
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Banks Disestablished In 1999
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 1983
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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