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Intesa Sanpaolo Subsidiaries
Banca Intesa S.p.A. was an Italian banking group. It was formed in 1998. In the next year the banking group merged with another bank Banca Commerciale Italiana to become IntesaBCi. However, the name of the group was reverted to Banca Intesa in 2003. In 2007 Banca Intesa merged with another banking group Sanpaolo IMI to become Intesa Sanpaolo, one of few domestic systemically important bank of Italy. History Banca Intesa was formed in 1998 from the merger of Cassa di Risparmio delle Provincie Lombarde (Cariplo) and Banco Ambrosiano Veneto (former Nuovo Banco Ambrosiano and its predecessor Banco Ambrosiano, as well as Banca Cattolica del Veneto). In 1999 Banca Commerciale Italiana entered the group, which pursuant to the merger in 2001 changed its name in IntesaBCi; on 1 January 2003, the group's name changed to Banca Intesa. The group also acquired many regional banks, such as Cariparma, FriulAdria (both sold to Crédit Agricole after 2007 merger), Carisap, Carifol, etc. Howev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biverbanca
Cassa di Risparmio di Biella e Vercelli S.p.A. known as BiverBanca, is an Italian saving bank based in Biella, Piedmont. It was acquired by fellow Piedmontese bank Cassa di Risparmio di Asti from Banca Monte dei Paschi di Siena in 2012. BiverBanca had almost all the branches in Piedmont and Aosta Valley, especially in the area around Biella and Vercelli : 46 branches in the Province of Biella (11 alone in Biella) and 46 branches in the Province of Vercelli (8 alone in Vercelli), 10 in Turin and 6 in the Province Novara; 3 in the Province of Alessandria; 5 branches in Aosta Valley; 1 branch in the Province of Verbano-Cusio-Ossola, and lastly 1 branch in Milan, the financial hub of Italy. The bank did not serve the Province of Asti, which was served by the parent company instead, as well as the Province of Cuneo, Piedmont. Timeline *1994 Cassa di Risparmio di Biella merged with Cassa di Risparmio di Vercelli to form Cassa di Risparmio di Biella e Vercelli (BiverBanca) C.R. Vercelli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca CR Firenze
Banca Cassa di Risparmio di Firenze S.p.A. known as Banca CR Firenze, was an Italian savings bank. Once a listed company, the group now part of Intesa Sanpaolo since 2007. History Cassa di Risparmio di Firenze (The Saving Bank of Florence) was found on 30 March 1829. The bank was the central saving bank of the Grand Duchy of Tuscany. However, some bank such as saving bank from San Miniato, had gained independent from Florence after their establishment. Casse Toscane In 1992, due to Legge Amato, the banking operation and the ownership were separated into a società per azioni and banking foundation Ente Cassa di Risparmio di Firenze. In 1992 the bank also formed a common holding company Casse Toscane for the Saving Bank of Florence, Livorno, Pisa, Pistoia–Pescia, San Miniato and Banca del Monte di Lucca. Ente Cassa di Risparmio di Firenze was the largest shareholders of the holding company. However, after 1996, the holding company contained only Florence, Pistoia–Pescia an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carispezia
Crédit Agricole Carispezia S.p.A. formerly known as Cassa di Risparmio della Spezia S.p.A., or Carispezia in short, is an Italian savings bank, which is part of Crédit Agricole Italia, the Italian 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 Ita ... arm of France, French banking group Crédit Agricole. Since 2016, the brand Crédit Agricole Italia was used for the whole banking group. History Found in 1842, Carispezia became a società per azioni in 1992, which split the bank non-profit making ownership (a banking foundation) and banking operation (a s.p.a.). Cassa di Risparmio delle Provincie Lombarde (Cariplo) also became a minority shareholder of the bank for 25 1,000,000,000, billion Italian lira, lire nominal value of share capital. Cariplo & Banca Intesa era In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cassa Di Risparmio Di Foligno
Cassa di Risparmio di Foligno or Carifol in short, is a former Italian regional bank based in Foligno, Umbria. A subsidiary of Intesa Sanpaolo, the bank was merged with 3 other saving banks in Umbria to form Casse di Risparmio dell'Umbria in 2012. History Found 1857 in Foligno, Papal States, the bank had a philanthropic mission to operate a mount of piety and a saving bank ( it, Cassa di Risparmio). Cariplo In 1992, due to Legge Amato, the daily banking operation, charity and ownership were separated into a società per azioni and Fondazione Cassa di Risparmio di Foligno (a banking foundation). Cassa di Risparmio delle Provincie Lombarde also immediately acquired 20% stake in the new limited company. The stake was diluted to 18.34% in 1996. Banca Intesa In July 1999 Banca Intesa the successor of Cariplo, acquired an additional 47.1% ownership from the foundation (reached 70.47% at the end of year 1999), as well as grouped 4 other saving banks in Central Italy (2 from Umbria, 2 fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carisap
Cassa di Risparmio di Ascoli Piceno known as Carisap, is a former Italian regional bank based in Ascoli Piceno, Marche. A subsidiary of Intesa Sanpaolo, the bank merged with another subsidiary of the group, Banca dell'Adriatico in 2013. The former owner of the bank, Fondazione Cassa di Risparmio di Ascoli Piceno (Fondazione Carisap), still operated as a charity organization. The foundation still held 0.3537% shares of Intesa Sanpaolo, as of 31 December 2013. History Cassa di Risparmio di Ascoli Piceno was found in Ascoli Piceno, Papal States in 1842, the bank became Società per azioni in 1992 due to Legge Amato. In 1990s Cariplo acquired 25% shares of Carisap from Fondazione Carisap. Carisap followed the parent company Cariplo to merged with Banco Ambrosiano Veneto to form Banca Intesa on 1 January 1998, which in July in the same year the group reached 66% ownership on the bank. In 2001, Ascoli became part of an intermediate holding company Holding IntesaBCI Centro, which already ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Agricole
Crédit Agricole Group (), sometimes called La banque verte ( en, The green bank) due to its historical ties to farming, is a French international banking group and the world's largest cooperative financial institution. It is France's second largest bank, after BNP Paribas, as well as the third largest in Europe and tenth largest in the world. It consists of a network of Crédit Agricole local banks, the 39 Crédit Agricole regional banks, and a central institute, the Crédit Agricole S.A.. It is listed through Crédit Agricole S.A., an intermediate holding company, on Euronext Paris' first market and is part of the CAC 40 stock market index. In August 2021, it reached the top of the CAC 40. Local banks of the group owned the regional banks, in turn the regional banks majority owned the S.A. via a holding company, in turn the S.A. owned part of the subsidiaries of the group, such as LCL, the Italian network and the CIB unit. It is considered a systemically important bank by the Fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Cattolica Del Veneto
Banca Cattolica del Veneto was an Italian bank based in Vicenza, Veneto. in 1989 it was merged with Nuovo Banco Ambrosiano to form Banco Ambrosiano Veneto. History Founded in 1892 as Banca Cattolica Vicentina by the Catholic church, in 1930 the bank was renamed to Banca Cattolica del Veneto, as well as absorbing Banca Cadorina, Banca Cattolica Atestina and Banca Cattolica di Udine in 1930, Banca Feltrina, Banca Provinciale di Belluno and Banca Cattolica San Liberale in 1931, Banca Depositi e Prestiti di Feltre in 1936, Banca Depositi e Prestiti G. Fabris, F. Favero and Banca Bassanese A. Girardello in 1938. In 1946 the bank acquired Banca Agricola Distrettuale; Banca Veneziana di Crediti e Conti Correnti in 1948, Banca Mandamentale di Maniago e Sacile in 1950, Banca San Daniele in 1951 and Banca Triestina Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Ambrosiano
Banco Ambrosiano was an Italian bank that collapsed in 1982. At the centre of the bank's failure was its chairman, Roberto Calvi, and his membership in the illegal former Masonic Lodge Propaganda Due (aka P2). The Vatican-based Institute for the Works of Religion, commonly known as the ''Vatican Bank'', was Banco Ambrosiano's main shareholder. The Vatican Bank was also accused of funnelling covert United States funds to the Polish trade union Solidarity and to the Nicaraguan Contras through Banco Ambrosiano. Members * Franco Ratti, chairman * Carlo Canesi, senior manager then chairman of Banco Ambrosiano Holding starting from 1965 * Roberto Calvi, general manager of Banco Ambrosiano since 1971, appointed chairman from 1975 to his death in June 1982; he was often referred to as "God's Banker" because of his close financial ties with the Vatican * Paul Marcinkus, president of Vatican Bank (aka ''"Istituto per le Opere di Religione"''), had been a director of Ambrosiano Overseas, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuovo Banco Ambrosiano
The Nuovo Banco Ambrosiano was the bank replacing the Banco Ambrosiano after its collapse. In 1989 the bank merged with the ''Banca Cattolica del Veneto'' (Catholic Bank of Veneto) to form the ''Banco Ambrosiano Veneto''. In 1998 the latter bank formed the Banca Intesa together with the Cassa di Risparmio delle Provincie Lombarde (Cariplo). Sources Defunct banks of Italy, Banco Ambrosiano Banco Ambrosiano Banco Ambrosiano was an Italian bank that collapsed in 1982. At the centre of the bank's failure was its chairman, Roberto Calvi, and his membership in the illegal former Masonic Lodge Propaganda Due (aka P2). The Vatican-based Institute for the ... Re-established companies Banks with year of establishment missing Banks disestablished in 1989 1989 disestablishments in Italy {{Italy-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Financial Statement
Consolidated financial statements are the "financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial statements", and International Financial Reporting Standard 10 "Consolidated financial statements". Consolidated statement of financial position While preparing a consolidated financial statement, there are two basic procedures that need to be followed: first, cancel out all the items that are accounted as an asset in one company and a liability in another, and then add together all uncancelled items. There are two main type of items that cancel each other out from the consolidated statement of financial position. * "Investment in subsidiary companies" which is treated as an asset in the parent company will be cancelled out by "share capital" account ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basel II
Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. It is now extended and partially superseded by Basel III. The Basel II Accord was published in June 2004. It was a new framework for international banking standards, superseding the Basel I framework, to determine the minimum capital that banks should hold to guard against the financial and operational risks. The regulations aimed to ensure that the more significant the risk a bank is exposed to, the greater the amount of capital the bank needs to hold to safeguard its solvency and overall economic stability. Basel II attempted to accomplish this by establishing risk and capital management requirements to ensure that a bank has adequate capital for the risk the bank exposes itself to through its lending, investment and trading activities. One focus was to maintain sufficient consistency of regulations so to limit competitive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
