Istituto Bancario San Paolo Di Torino
Istituto Bancario San Paolo di Torino S.p.A., commonly known as just San Paolo, was an Italian bank. It was headquartered in Turin, Piedmont. The bank is the predecessor of Sanpaolo IMI, as well as the current largest bank in Italy in terms of total assets, Intesa Sanpaolo. The former owner of San Paolo bank, Compagnia di San Paolo, still significantly owned Intesa Sanpaolo. History The bank was founded by Compagnia di San Paolo (a brotherhood) in 1563. In early years the bank was a mount of piety. In 1991 Crediop became a subsidiary of the bank, which was sold to Dexia in 1999 by Sanpaolo IMI, the successor of the bank. In 1991, due to , the bank was transformed from a statutory corporation to società per azioni (company limited by shares), which San Paolo Bank Holding S.p.A. and Istituto Bancario San Paolo di Torino S.p.A. were created. Compagnia di San Paolo remained as the major shareholders. In 1997 the brotherhood owned 20.54% of the bank, followed by Banco Santander (6. ...
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Sanpaolo IMI
Sanpaolo IMI S.p.A. was an Italian banking and insurance conglomerate, based in Turin. It employed about 44,000 people and had about 7 million customers. On 24 August 2006 a merger with Banca Intesa was announced, which on 1 December 2006 was approved by the joint meetings of the shareholders of Banca Intesa and Sanpaolo IMI. On 2 January 2007 the merger went into effect, thereby creating Intesa Sanpaolo, now the largest Italian bank and one of the largest in the Eurozone. The new banking company based in Turin and is administered under the "two-tier model", with the presence of a Supervisory Board and a Board of Management. This was the first application of this model in a major Italian company. History Sanpaolo IMI was formed by many merger of banks, which in 1998 Istituto Bancario San Paolo di Torino merged with Istituto Mobiliare Italiano. In 2002, the group absorbed Cardine Banca, a short lived holding company that consist of Cassa di Risparmio in Bologna, Cassa di Risparmi ...
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Banca Nazionale Delle Comunicazioni
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 ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * Banca, Vaslui, a commune in Vaslui County, Romania * Banca, a village in Dealu Morii Commune, Bacău County, Romania Other * Banca or Bangka (boat) Bangka are various native watercraft of the Philippines. It originally referred to small double-outrigger dugout canoes used in rivers and shallow coastal waters, but since the 18th century, it has expanded to include larger lashed-lug ships, ...

Banks Disestablished In 1998
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 ...
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1998 Disestablishments In Italy
1998 was designated as the ''International Year of the Ocean''. Events January * January 6 – The '' Lunar Prospector'' spacecraft is launched into orbit around the Moon, and later finds evidence for frozen water, in soil in permanently shadowed craters near the Moon's poles. * January 11 – Over 100 people are killed in the Sidi-Hamed massacre in Algeria. * January 12 – Nineteen European nations agree to forbid human cloning. * January 17 – The ''Drudge Report'' breaks the story about U.S. President Bill Clinton's alleged affair with Monica Lewinsky, which will lead to the House of Representatives' impeachment of him. February * February 3 – Cavalese cable car disaster: A United States military pilot causes the deaths of 20 people near Trento, Italy, when his low-flying EA-6B Prowler severs the cable of a cable-car. * February 4 – The 5.9 Afghanistan earthquake shakes the Takhar Province with a maximum Mercalli intensity of VII (''Very strong''). With up ...
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Companies Established In The 1560s
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 pe ...
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Banks Established In The 16th Century
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 ...
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1563 Establishments In Italy
Year 1563 ( MDLXIII) was a common year starting on Friday (link will display the full calendar) of the Julian calendar. Events January–June * February 1 – Sarsa Dengel succeeds his father Menas as Emperor of Ethiopia. * January 25 – In Italy, Instituto Bancario San Paolo di Torino, a major financial group of Sanpaolo IMI, is founded. * February 18 – Francis, Duke of Guise, is assassinated while besieging Orléans. * March 19 – The Edict of Amboise is signed at the Château d'Amboise by Catherine de' Medici, acting as regent for her son Charles IX of France, having been negotiated between the Huguenot Louis, Prince of Condé, and Anne, duc de Montmorency, Constable of France. It accords some toleration to the Huguenots, especially to aristocrats. It officially ends the first phase of the French Wars of Religion, and the combined Huguenot and royal armies then march north to besiege the English in Le Havre. * May 25 – Elizabeth Co ...
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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 ...

Banca Intesa
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 ...
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Mediobanca
Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli (at that time CEO of Banca Commerciale Italiana, the largest commercial bank in Italy which promoted its incorporation together with Credito Italiano) and Enrico Cuccia to facilitate the post-World War II reconstruction of Italian industry. Cuccia led Mediobanca from 1946 to 1982. Today, it is an international banking group with offices in Milan, Frankfurt, London, Madrid, Luxembourg, New York and Paris. History Mediobanca was set up to provide medium-term financing for manufacturers and establish a direct relationship between the banking sector and the investment needs of the reorganization of industry after the devastation caused by World War II. The Banking Act of 1936 established a clear separation between short term and medium-to-long term financing and the major banks had opted for specializing in short-term loans and there was the institution that would deal with financing for t ...
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Banco Lariano
Banco may refer to: Places * Banc (Barcelona Metro), also called Banco, a closed metro stop on the Barcelona metro * Banco, Virginia, an unincorporated community * Banco, West Virginia, an unincorporated community * Banco National Park, a national park in Côte d'Ivoire * Banko, Guinea, a town and sub-prefecture in the Dabola Prefecture in the Faranah Region * Banko, Mali Banko (Bambara language, Bambara: ߓߊߣߞߏ tr. Banko) is a Communes of Mali, rural commune and village in the Dioïla Cercle, Cercle of Dioïla in the Koulikoro Region of south-western Mali. The village lies on the Banifing River. The commune co ..., a rural commune and village in the Cercle of Dioïla in the Koulikoro Region * Banko, a town in the Sekyere Kumawu (district), Sekyere Kumawu district og Ghaba Arts and architecture * Banco (Banco del Mutuo Soccorso album), ''Banco'' (Banco del Mutuo Soccorso album), 1975 album by Italian progressive rock band Banco del Mutuo Soccorso * Banco (Sir Michael Rock ...
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