Cassa Di Risparmio Di Asti
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Cassa Di Risparmio Di Asti
Cassa di Risparmio di Asti known as Banca CR Asti or just Banca di Asti, is an Italian saving bank based in Asti, Piedmont. It serves Piedmont and Lombardy regions. History The bank was found on 25 January 1842 in Asti, in the Kingdom of Sardinia. Due to Legge Amato, on 24 June 1992 the bank was split into Cassa di Risparmio di Asti S.p.A. and Fondazione Cassa di Risparmio di Asti (gazetted on 17 July). In 1996 the banking foundation sold part of the shares to private citizens. In 1999 a further 20% was sold to the Deutsche Bank (via its subsidiary Deutsche Bank S.p.A.), which was acquired by Banca Popolare di Milano (via subsidiary Banca di Legnano) in 2004, for €93 million. The banking foundation retained 51.05% shares prior 2008 capital increase. Prior to 2013 capital increases, the banking foundation held 50.45% shares, which was decreased to 50.42% on 28 March 2013. The ownership was further diluted due to another capital increases in 2015. In December 2012 the bank acquire ...
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Società Per Azioni
''Società'' (Italian: ''Society'') was an Italian communist cultural magazine published in Italy between 1945 and 1961. History and profile ''Società'' was founded as a quarterly magazine in Florence in 1945. The founders were Ranuccio Bianchi Bandinelli, Cesare Luporini and Romano Bilenchi. Bandinelli also directed the magazine. In 1948 the magazine became closer to the Italian Communist Party (PCI), but was not published by the party. The headquarters was later moved to Rome, and in 1954 its frequency was switched to bimonthly. ''Società'' featured Italian fiction and poetry and occasionally included some essays on the theater and the cinema. It was one of the publications read by the Italian intellectuals, who had Gramscian Antonio Francesco Gramsci ( , , ; 22 January 1891 – 27 April 1937) was an Italian Marxist philosopher, journalist, linguist, writer, and politician. He wrote on philosophy, political theory, sociology, history, and linguistics. He was a ... ...
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Banca Di Legnano
Banca di Legnano was an Italian bank based in Legnano, Lombardy. The bank was absorbed into the parent company Banca Popolare di Milano in 2013. History Banca di Legnano was a subsidiary of Banca Commerciale Italiana (BCI) for 55% shares. In 1999, BCI merged with Banca Intesa to form the Intesa–BCI group. On 1 January 2001 Banca Popolare di Milano (BPM) acquired all 55% shares from Intesa, for 1,300 billion lire. It also triggered a public offer to buy the remain shares. In 2002 BPM owned 100% shares of Banca di Legnano. In 2007, BPM was the owner of the bank for 93.51% shares, with the rest owned by Crédit Industriel et Commercial (CIC) for 6.49%, which was acquired in 2004. In 2011 BPM acquired the remaining 6.49% shares for €100 million. In 2012 Cassa di Risparmio di Alessandria was absorbed into Banca di Legnano. In the next year Banca di Legnano was absorbed into BPM on 14 September. On 31 December 2012 the bank had a shareholders equity of €960 million. Sponsorship T ...
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Companies Based In Piedmont
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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Banks Of Italy
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 an ...
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1842 Establishments In The Kingdom Of Sardinia
__NOTOC__ Year 184 ( CLXXXIV) was a leap year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Eggius and Aelianus (or, less frequently, year 937 ''Ab urbe condita''). The denomination 184 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place China * The Yellow Turban Rebellion and Liang Province Rebellion break out in China. * The Disasters of the Partisan Prohibitions ends. * Zhang Jue leads the peasant revolt against Emperor Ling of Han of the Eastern Han Dynasty. Heading for the capital of Luoyang, his massive and undisciplined army (360,000 men), burns and destroys government offices and outposts. * June – Ling of Han places his brother-in-law, He Jin, in command of the imperial army and sends them to attack the Yellow Turban rebels. * Winter – Zhan ...
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Banks Established In 1842
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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Cassa Di Risparmio Di Torino
Banca Cassa di Risparmio di Torino S.p.A. known as Banca CRT, or Caritorino, was an Italian savings bank based in Turin, Piedmont. In 1997, the bank joined Unicredito banking group, as well as in 1998 followed the group to merge with Credito Italiano to form UniCredito Italiano (now known as UniCredit). In 2002, Banca CRT was absorbed into the parent company. The former owner of Banca CRT, Fondazione Cassa di Risparmio di Torino ( Fondazione CRT), as of 31 December 2013, still owned 2.506% voting rights of UniCredit, as 7th largest shareholder. On 31 December 1999, Fondazione CRT was the second largest shareholder of UniCredit with 14.228% of the total ordinary shares (704,943,077 of 4,954,465,306). History Cassa di Risparmio di Torino was founded in 1827 with a philanthropic ideals, at that time still in the Kingdom of Sardinia. Before 1950s, the bank already acquired the local banks in Casale Monferrato, Pinerolo and Ivrea. In 1991, due to , the daily banking operation, charity ...
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Cassa Di Risparmio Di Cuneo
Cassa di Risparmio di Cuneo S.p.A. was an Italian savings bank based in Cuneo, Piedmont. The organization ceased to operate as a bank but as a non-profit organization as ''Fondazione Cassa di Risparmio di Cuneo''. History Cassa di Risparmio di Cuneo was founded in 1855. Due to 1991 bank reform, two entity, namely Cassa di Risparmio di Cuneo S.p.A. and Fondazione Cassa di Risparmio di Cuneo were formed. On 1 January 1995 the S.p.A. merged with Banca del Monte di Lombardia S.p.A. to form Banca Regionale Europea (a subsidiary of Banca Lombarda e Piemontese since 2000 and UBI Banca since 2007. ) Banking foundation The former owner of the S.p.A. , ''Fondazione Cassa di Risparmio di Cuneo'', held 18.91% of the shares of Banca Regionale Europea in 2000, as well as 4% of Banca Lombarda. As of 31 December 2014, the foundation held 24.90% of Banca Regionale Europea as well as 2.230% of UBI Banca. The foundation sponsored the restoration of Alba Cathedral. See also :Other banks of the provi ...
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Cassa Di Risparmio Di Alessandria
Cassa di Risparmio di Alessandria was an Italian regional bank based in Alessandria, Piedmont. It was absorbed into the parent company Banca Popolare di Milano in 2012. The former owner of the bank, Fondazione Cassa di Risparmio di Alessandria, still operates as a charity organization. History Founded on 21 August 1838, at that time still in Kingdom of Sardinia. The daily banking operation and ownership were split into a società per azioni and Fondazione Cassa di Risparmio di Alessandria in 1991. Istituto Mobiliare Italiano also subscribed the capital increase of the bank for 23 billion lire (15.330 billion lire increase in share capital), owning 11.33% stake after the deal. In 1995, the bank was merged with the saving banks ( it, Cassa di Risparmio) from Spezia and Carrara to form "Carinord Holding" (acronym of ''Ca.Ri.'' North), which the former owners of the banks (the foundations) as well as Cassa di Risparmio delle Provincie Lombarde (Cariplo) were the new shareholders of th ...
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Banca Monte Dei Paschi Di Siena
Banca Monte dei Paschi di Siena S.p.A. (), known as BMPS or just MPS, is an Italian bank. Tracing its history to a mount of piety founded in 1472 () and established in its present form in 1624 (), it is the world's oldest or second oldest bank, depending on the definition, and the fifth largest Italian commercial and retail bank. In 1995, the bank (then known as Monte dei Paschi di Siena) was transformed from a statutory corporation to a limited company called Banca Monte dei Paschi di Siena (Banca MPS). The Fondazione Monte dei Paschi di Siena was created to continue the charitable functions of the bank and to be, until the bailout in 2013, its largest single shareholder. According to research by Mediobanca and a press release issued by Banco BPM, Banco BPM overtook BMPS as the third largest commercial banking group in Italy (in terms of total assets) on 31 December 2016, after Banco BPM's formal formation on 1 January 2017. In 2016–17, BMPS was struggling to avoid a collap ...
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Banca Popolare Di Milano
Banca Popolare di Milano S.p.A. also known as Bipiemme or just BPM is an Italian bank based in Milan, Lombardy. The bank is a wholly owned subsidiary of Banco BPM. Banca Popolare di Milano S.c. a r.l., an urban area cooperative bank, was founded in 1865, however, due to the merger and the foundation of Banco BPM, the original branches of BPM as well as some businesses were injected to another legal person and BPM's subsidiary Banca Popolare di Mantova, which was renamed to Banca Popolare di Milano S.p.A. on 1 January 2017. Before the merger, BPM was a listed company on the Borsa Italiana (Milan Stock Exchange); after the merger, only the parent company Banco BPM is a listed company. , before the merger, the bank had 656 branches, including private banking and corporate banking centres; about 61% of the branches of BPM were from Lombardy (390); the group also had branches in Emilia-Romagna (28), Lazio (65), Apulia (36), Piedmont (87), Liguria (11), Veneto (7), Tuscany (5), Campa ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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