Banca IMI

Last updated
Banca IMI
Typesubsidiary of a listed company
Industry Financial services
Founded1931 (as IMI) [1]
1994 (as listed company)
1998 (as Banca IMI)
2007 (merger with Banca Caboto)
HeadquartersMilan, Italy
Products investment banking
Owner Intesa Sanpaolo (100%)
Parent Intesa Sanpaolo
Website https://www.bancaimi.com

Banca IMI is a subsidiary of Intesa Sanpaolo 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 to form Sanpaolo IMI in 1998 (through which a new subsidiary of the new group Banca d'Intermediazione Mobiliare was created ), which in turn merged with Banca Intesa 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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References

  1. "About Us: History: IMI - Istituto Mobiliare Italiano". Intesa Sanpaolo. 16 December 2010. Retrieved 29 October 2015.