Banca IMI is a

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a ...

Intesa Sanpaolo Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity ...

which is specialized in investment banking and capital markets. The bank can trace its origins to the Istituto Mobiliare Italiano. IMI merged with

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 to ...

to form

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 app ...

in 1998 (through which a new subsidiary of the new group ''Banca d'Intermediazione Mobiliare'' was created ), which in turn merged with

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 2 ...

in January 2007. In October Banca IMI (as ''Banca d'Intermediazione Mobiliare IMI S.p.A.'') absorbed the corresponding subsidiary of Intesa: Banca Caboto to become the new ''Banca IMI S.p.A.''.

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* Banks of Italy Intesa Sanpaolo subsidiaries Sanpaolo IMI Banks established in 1931 Italian companies established in 1931 Companies formerly listed on the Borsa Italiana Companies based in Milan Formerly government-owned companies of Italy {{Italy-bank-stub