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Finsoe
Finsoe S.p.A. (acronym of Finanziaria dell'economia Sociale) is an intermediate holding company for several coop societies of Coop (Italy). Finsoe was the major shareholders of Unipol (31.40% share capitals) and in the past, had a direct minority shareholding in Unipol Banca (sold to Unipol in August 2008). Until 2015 Unipol had two class of shares, making Finsoe hold 50.75% voting rights and 31.40% share capital on Unipol. However, in mid-2015 all shares were converted to ordinary shares. History Alliance with Casse Emiliano Romagnole From 1995 to 2001, Casse Emiliano Romagnole (CAER), the Bank Group of Cassa di Risparmio in Bologna (Carisbo), had a cross ownership with Finsoe. CAER was a minority shareholders of Finsoe for 9.80% in 1995 and Unipol (at that time Unipol Assicurazioni) had a minority ownership in CAER for 3.64%. Unipol and Carisbo also had some joint venture at that time, namely UniSalute, Noricum Assicurazioni, Linear Assicurazioni and Banca dell'Economia Cooperati ...
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Unipol Banca
Unipol Banca S.p.A. was an Italian bank based in Bologna, Emilia-Romagna, prior to its acquisition by BPER Banca from the Unipol group in 2019. On 25 November 2019, Unipol Banca was fully incorporated into BPER Banca and ceased to exist as a separate entity. History Banca dell'Economia Cooperativa Banca dell'Economia Cooperativa (Banec) was found in 1987 by Unipol Assicurazioni (now Unipol Group) and some consumers union of Italy . Cassa di Risparmio in Bologna (Carisbo) was a minority shareholder of the bank for 12% as at 31 December 1993 (10.24% as in 1997).Casse Emiliano Romagnole S.p.A. ''bilancio'' (financial report and accounts) on 31 December 1997PDF purchased from Italian C.C.I.A.A./ref> In 1995, Unipol became a minority shareholders of Casse Emiliano Romagnole (CAER), the parent company of Carisbo, for 3.64%Casse Emiliano Romagnole S.p.A. ''bilancio'' (financial report and accounts) on 31 December 1995PDF purchased from Italian C.C.I.A.A./ref> (increased to 6.61% in J ...
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Unipol
Unipol Gruppo S.p.A. is an Italian financial services holding company operating in the insurance and banking fields with headquarters in the Unipol Tower, Bologna. As of 2009 it was ranked as the country's fourth-largest insurer. The company trades under a number of brands: for insurance it uses the brands UnipolSai Assicurazioni, Linear Assicurazioni, Linear Life, UniSalute and Arca Vita. History Unipol Assicurazioni was founded in 1962 in Bologna as a cooperative provider of non-life insurance. In 1995 the company entered a partnership arrangement with the banking group Casse Emiliano Romagnole, whereby Unipol sold its products through the bank's networks. The partnership also involved complex deals in ownership. As at 31 December 1995, Unipol owned 3.64% shares of CAER; CAER in turn owned 9.80% shares of Unipol's parent company Finsoe. CAER also owned Banca dell'Economia Cooperativa through 6.99% shares owned by CAER directly, as well as an additional 13% shares of the ban ...
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Banca Agricola Mantovana
Banca Agricola Mantovana S.p.A. (BAM) was an Italian bank based in Mantua, Lombardy. The bank was a subsidiary of Banca Monte dei Paschi di Siena. On 31 March 2008 the bank had a total assets of €13,502,864,975. History Found 1871 as Banca Agricola Provinciale Mantovana, Banca Agricola Mantovana (BAM) was a cooperative bank based in Mantua. In 1932 Banca Mutua Popolare di Mantova was merged with Banca Agricola Mantovana. In 1989 the bank absorbed Banca Operaia di Bologna. In 1998 the bank formed a joint venture agreement with Unipol in Quadrifoglio Vita, an insurance company that operated in BAM's network. BAM also acquired a minority ownership in Finsoe, the intermediate parent company of Unipol. As at 31 December 2000 BAM hold 5.601% of Finsoe. BAM was acquired by Banca Monte dei Paschi di Siena (Banca MPS) in 1999. Circa 1999–2000 the bank was changed from a cooperative society (S.C.) to a limited company (società per Azioni). In 2000 Banca MPS controlled 51.487% shares. ...
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Casse Emiliano Romagnole
Gruppo Bancario Casse Emiliano Romagnole (CAER) was an Italian holding company and banking group, based in Bologna, Emilia-Romagna. The main company of the group was Cassa di Risparmio in Bologna (Carisbo). History Due to Legge Amato, all saving bank ( it, Cassa di Risparmio) of Italy had to transform into a company limited by shares and a banking foundation. The foundation of Cassa di Risparmio in Bologna (Fondazione Carisbo), formed Casse Emiliano Romagnole (CAER) as their sub-holding company for their own bank (81.08%), as well as participated in the ownership of the saving bank of Carpi (20%), Cento (20%), Faenza (1.51% + 29.96% through Carisbo), Imola (20%), Lugo and Piacenza e Vigevano. CR Lugo was merged with Banca Monte Lugo to form Cassa di Risparmio e Banca del Monte Lugo in August 1992 (which CAER owned 1.32% + 37.4% through Carisbo). Its owner, Fondazione Banca Monte Lugo, was invited to become a shareholders of CAER. In 1993 CR Piacenza was merged with CR Parma t ...
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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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Cooperatives In Italy
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and ...
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JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.774 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important bank by the Financial Stability Board. As a " Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, wealth man ...
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Aurora Assicurazioni
An aurora (plural: auroras or aurorae), also commonly known as the polar lights, is a natural light display in Earth's sky, predominantly seen in high-latitude regions (around the Arctic and Antarctic). Auroras display dynamic patterns of brilliant lights that appear as curtains, rays, spirals, or dynamic flickers covering the entire sky. Auroras are the result of disturbances in the magnetosphere caused by the solar wind. Major disturbances result from enhancements in the speed of the solar wind from coronal holes and coronal mass ejections. These disturbances alter the trajectories of charged particles in the magnetospheric plasma. These particles, mainly electrons and protons, precipitate into the upper atmosphere (thermosphere/exosphere). The resulting ionization and excitation of atmospheric constituents emit light of varying colour and complexity. The form of the aurora, occurring within bands around both polar regions, is also dependent on the amount of acceleration imp ...
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BNL Vita
BNL may refer to: Entertainment * Banjo Newsletter, a magazine devoted to the 5-string banjo * Barenaked Ladies, a rock band from Canada * Basketball National League, South Africa's top basketball division * British National League (other), two former ice hockey leagues * Buy n Large, a fictional company featured in the movie ''WALL-E'' Organisations * Banca Nazionale del Lavoro, an Italian bank * Brookhaven National Laboratory Brookhaven National Laboratory (BNL) is a United States Department of Energy national laboratory located in Upton, Long Island, and was formally established in 1947 at the site of Camp Upton, a former U.S. Army base and Japanese internment c ..., New York, US Other * Block nested loop, an algorithm in computing {{disambiguation ...
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BNP Paribas
BNP Paribas is a French international banking group, founded in 2000 from the merger between Banque Nationale de Paris (BNP, "National Bank of Paris") and Paribas, formerly known as the Banque de Paris et des Pays-Bas. The full name of the group's parent entity is BNP Paribas S.A. With 190,000 employees as of February 2021, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS), Investment & Protection Services (IPS) and Corporate & Institutional Banking (CIB). The group is listed on the first market of Euronext Paris and a component of the Euro Stoxx 50 stock market index, while it also included in the French CAC 40 index. BNP Paribas is the largest banking group in Europe, after HSBC, and ninth largest Banking group in the world, essentially a bulge bracket. It became one of the five largest banks in the world following the 2008 financial crisis. Despite some legal difficulties in 2014, including being fined the largest ev ...
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