Fondazione Cassa Di Risparmio Di Tortona
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Fondazione Cassa Di Risparmio Di Tortona
Cassa di Risparmio di Tortona was an Italian savings bank based in Tortona, Piedmont. The bank was merged into Banca Lombarda in 1999 (the predecessor of UBI Banca), while the former owner of the bank, ''Fondazione Cassa di Risparmio di Tortona'', still operates as a charity organization. History Cassa di Risparmio di Tortona was found in 1911. In 1991 due to Legge Amato, the daily banking operation and ownership were split into a Società per azioni (Banca Cassa di Risparmio di Tortona SpA) and Fondazione Cassa di Risparmio di Tortona. Cassa di Risparmio di Torino (Banca CRT) acquired minority ownership on CR Tortona in 1990s, for 25%. The shares of CR Tortona was sold CR Alessandria after Banca CRT joined Unicredito. In 1999, the majority owner of CR Tortona SpA, Foundation CR Tortona, sold 60% shares of the bank to Banca Lombarda e Piemontese, which was completely disposed in 2006. The intermediate holding company of the bank circa 2004–05 was Banca Regionale Europea (60%), ...
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Tortona
Tortona (; pms, Torton-a , ; lat, Dhertona) is a ''comune'' of Piemonte, in the Province of Alessandria, Italy. Tortona is sited on the right bank of the Scrivia between the plain of Marengo and the foothills of the Ligurian Apennines. History Known in ancient times as Dertona, the city was probably the oldest colony under Roman rule in the westernmost section of the Valley of the Po, on the road leading from Genua (Genoa) to Placentia (Piacenza). The city was founded c. 123–118 BC at the junction of the great roads; the Via Postumia and the Via Aemilia Scauri which merged to become the Via Julia Augusta. The site made Dertona an important military station under the Romans. Strabo speaks of it as one of the most considerable towns in this part of Italy, and from Pliny wrote that it was a Roman colony. Velleius mentions it among those founded under the Republic, it appears to have been recolonised under Augustus, from whence we find it bearing in inscriptions the ...
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Fondazione 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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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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Defunct Banks Of Italy
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Italian Companies Disestablished In 2006
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 2006
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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Italian Companies Established In 1911
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 Established In 1911
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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Banche Popolari Unite
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 as BPU Banca) and Banca Lombarda e Piemontese banking groups. UBI Banca shares were listed on the Borsa Italiana and included in the FTSE MIB (the blue chip index) until it was taken over by its larger Italian rival Intesa Sanpaolo in September 2020. History Banche Popolari Unite Banche Popolari Unite, trading as BPU Banca, was formed by the merger of Banca Popolare di Bergamo – Credito Varesino Group with Banca Popolare Commercio e Industria Group, both Popular Bank ( it, Banca Popolare), a kind of urban co-operative bank in Italy, in 2003. Their subsidiaries at that time were Banca Popolare di Ancona, Cassa di Risparmio di Fano (Carifano), Banca Popolare di Luino e di Varese and Banca Carime. Although the two groups merged, Banca Pop ...
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Banca Regionale Europea
Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995. History In 2000, the bank joined Group Banca Lombarda e Piemontese. Banca Lombarda held 50.11% shares of BRE at that time, as well as sold all the shares it held at Banca Cassa di Risparmio di Tortona (60%; a bank based in Piedmont), to BRE. In 2006 Banca CR Tortona, was merged into Banca Regionale Europea, as well as Banco di San Giorgio in 2012. The bank also followed the holding company to join UBI Banca Group in 2007 (a merger with Banche Popolari Unite). As of 31 December 2014, out of 1560 branches of UBI Banca, 13% were Banca Regionale Europea (208), behind former sister companies of Group Banca Lombarda, Banco di Brescia 288, and former Banche Popolari Unite companies Banca Popolare di Bergamo (351), Banca Carime (216); as well as tied with Banca Popolare di Ancona (208). As of 31 December 2014, the former owne ...
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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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Unicredito
Unicredito was an Italian holding company, formed by the owner of banks: the banking foundations of Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona (Cariverona Banca) and Cassa di Risparmio della Marca Trivigiana (Cassamarca), in a ratio of 83.5% versus 16.5%. In 1997 the banking foundation of Cassa di Risparmio di Torino (Banca CRT) joined the group. The group merged with Credito Italiano to form UniCredit, Unicredito Italiano in 1998. Subsidiaries * Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona (Cariverona Banca) * Cassa di Risparmio della Marca Trivigiana (Cassamarca) * Cassa di Risparmio di Torino (Banca CRT) Equity investments * Cassa di Risparmio di Trieste * Cassa di Risparmio di Bra * Cassa di Risparmio di Fossano * Cassa di Risparmio di Saluzzo * Banca Cassa di Risparmio di Savigliano Other acquisition * Monte di Credito su Pegno di Vicenza (1996) Shareholders * Fondazione Cariverona * Fondazione Cassamarca * Fondazione CRT * Fondazione Caritrieste Refere ...
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