Capitalia

Last updated
Capitalia
Native name
Capitalia S.p.A.
Company typelisted Società per Azioni
IndustryFinancial services
Predecessor
Founded1 July 2002 (2002-07-01)
Defunct2007
Fateabsorbed by UniCredit
Successor UniCredit
HeadquartersVia Marco Minghetti 17,
Rome
,
Italy
Key people
Subsidiaries
Website Official website

Capitalia was an Italian banking group headquartered in Rome, in existence between 2002 and 2008. The bank was a listed company in Borsa Italiana (Milan Stock Exchange). The bank was acquired by UniCredit by issuing new shares of UniCredit for shares of Capitalia. [1]

Contents

History

Capitalia was formed on 1 July 2002 in a merger of Banca di Roma (and its subsidiary Banco di Sicilia and Mediocredito Centrale) and Bipop Carire (and its subsidiary Fineco). [2] In the same year the bank sold 10 branches from Apulia, Campania and Molise regions to Banca Popolare di Puglia e Basilicata.

Capitalia in turn agreed to be taken over by UniCredit in May 2007, becoming part of the second-largest bank in the European Union by stock market value and the sixth-largest in the world.[ citation needed ]

Merger with UniCredit

In May 2007, plans were finalized for the buyout of Capitalia by its larger Italian rival, UniCredit. All banks of the Capitalia group in Northern Italy will be reconfigured as UniCredit banks; in turn, all Unicredit banks in the rest of Italy will be reconfigured as either Banca di Roma banks (rest of mainland Italy and Sardinia) or as Banco di Sicilia banks (in Sicily only).[ citation needed ]

Group members

As of 31 December 2006 [3]

Shareholders

As of 31 December 2006
  1. ABN AMRO Group (8.59%)
  2. Fondazione Cassa di Risparmio di Roma (5.02%)
  3. Fondazione Manodori (4.13%)
  4. Fondiaria-Sai Group (3.51%)
  5. Sicily Region (2.84%)
  6. Fondazione Banco di Sicilia (2.73%)
  7. Libyan Foreign Bank (2.58%)
  8. Assicurazioni Generali (2.35%)
  9. Tosinvest (2.10%)

Related Research Articles

<span class="mw-page-title-main">Banca di Roma</span> Former Italian bank

Banca di Roma was an Italian bank based in Rome, formed in 1992 by merger of Banco di Santo Spirito and Banco di Roma. From 2008 it was a subsidiary of UniCredit under the name UniCredit Banca di Roma S.p.A.. In 2010 the subsidiary was absorbed into the bank, but retained as a registered trademark.

<span class="mw-page-title-main">Banco di Sicilia</span>

Banco di Sicilia was an Italian bank based in Palermo, Sicily. It was a subsidiary of UniCredit but absorbed into the parent company in 2010.

<span class="mw-page-title-main">Banca Carige</span> Italian bank based in Genoa, Italy

Banca Carige S.p.A., historically known as Cassa di Risparmio di Genova e Imperia (Ca.Ri.Ge.) was an Italian bank based in Genoa, with more than 500 bank branches in Italy, prior to its acquisition by BPER Banca in February 2022. The predecessor of the bank, a mount of piety, was founded in 1483 in Genoa, the Republic of Genoa. Banca Carige and its subsidiaries were known as Banca Carige Group. The banking group was one of the large banking groups in Italy, and as such, was supervised by the European Central Bank. In 2017, the banking group had 529 branches throughout Italy, with one branch in Nice, France, about 37.2% of branches were located in the home region Liguria. In November 2022, Banca Carige was fully incorporated into BPER Banca and ceased to exist as a separate entity.

Banca Adriatica S.p.A. trading as UBI Banca Adriatica and formerly known as Nuova Banca delle Marche S.p.A. was an Italian bank based in Jesi, Marche region. It has operations in several regions in central Italy, but concentrated in Marche region, which 73% of the branches were located in that region as of 2016. The bank was formed on 22 November 2015 by the spin off of the good assets of the original Banca delle Marche S.p.A..

Cassa di Risparmio is the Italian word for savings bank, and may refer to:

<span class="mw-page-title-main">Cassa di Risparmio di Torino</span> Italian savings bank based in Turin, Piedmont

Banca Cassa di Risparmio di Torino S.p.A., also known as Banca CRT or Caritorino, was an Italian savings bank based in Turin, founded in 1827 and merged into Unicredito in 1997. In 1998, Unicredito merged with Credito Italiano to form UniCredito Italiano, later known as UniCredit. In 2002, Banca CRT was absorbed into the parent company.

Bipop Carire S.p.A. was an Italian banking group based in Brescia, Lombardy. The group became part of Capitalia in 2002. Capitalia itself became part of UniCredit in 2007, which the brand Bipop Carire was absorbed into UniCredit in 2008. Bipop Carire was formed as a merger of Banca Popolare di Brescia (Bipop) and Cassa di Risparmio di Reggio Emilia (Carire) in 1999.

UniCredit Banca S.p.A. was the retail banking division of UniCredit Group. On 1 July 2002, Rolo Banca, Banca CRT, Cariverona Banca, Cassamarca, Cassa di Risparmio di Trento e Rovereto and Cassa di Risparmio di Trieste were merged into Credito Italiano S.p.A., with Credito Italiano was renamed into UniCredit Banca S.p.A.. On 1 January 2003 UniCredit Private Banking and UniCredit Banca d'Impresa were spin off from UniCredit Banca

UniCredit Banca Mediocredito S.p.A. (UBMC) was an Italian commercial bank. The bank was dismantled on 31 December 2015, but the bank license was retained, which became 2S Banca, a company that specialized in securities service activities. On 4 October 2006 2S Banca was sold to Société Générale Security Services, a subsidiary of Société Générale for €579.3 million.

<span class="mw-page-title-main">Banca del Mezzogiorno – MedioCredito Centrale</span>

Banca del Mezzogiorno – MedioCredito Centrale S.p.A. (BdM-MCC) is an Italian bank based in Rome, Lazio region. The bank is entirely controlled by Invitalia S.p.A., which in turn is owned by the Ministry of Economy. The bank was specialized in medium-term loan to companies, which developed into corporate and investment banking, and currently specialized in public sector, such as one of the manager of Fondo di Garanzia per le Piccole e Medie Imprese of the Ministry of Economic Development, and European Union's Joint European Resources for Micro to Medium Enterprises Calabria Fund. The bank lend medium-term loan from the fund to SMEs for Italian government and the European Union.

IRFIS – Finanziaria per lo Sviluppo della Sicilia S.p.A. also known as IRFIS – FinSicilia S.p.A., is an Italian development bank based in Palermo, Sicily. The bank is registered under article 106 and 107 of Testo Unico Bancario. The bank provided subsidized loans and intermediates for companies to access government incentives.

Nuova Banca Mediterranea S.p.A. was an Italian bank based in Potenza, Basilicata. The bank was absorbed by Banca Popolare di Bari in 2004.

<span class="mw-page-title-main">Banca Popolare di Brescia</span> Former Italian bank

Banca Popolare di Brescia S.c.r.l., also referred to as Bipop, was an Italian cooperative bank based in Brescia, Lombardy. In 1999 the bank merged with Cassa di Risparmio di Reggio Emilia (Carire) to form Bipop Carire.

Banca Apulia S.p.A. marketed as BancApulia is an Italian bank incorporated in San Severo, in the Province of Foggia, Apulia region. The main office of the bank was located in Bari, in the centre of Apulia region instead. The bank was takeover by Intesa Sanpaolo, after the previous owner was under administration and then being liquidated.

<span class="mw-page-title-main">Cattolica Assicurazioni</span>

Società Cattolica di Assicurazione – Società Cooperativa known as Cattolica Assicurazioni is an Italian insurance company. According to Ricerche e Studi, a subsidiary of Mediobanca, the group had €5,382,471,000 gross premiums written making it the 6th largest Italian insurance company, or the fifth excluding Allianz, a subsidiary of the German insurer. Research by ANIA, showed the insurer as being ranked 5th by market share in non-life insurance (5.63%), but not in the top 5 in life insurance.

Banca Popolare Sant'Angelo S.C.p.A. is an Italian cooperative bank based in Licata and Palermo, the capital of Sicily. The bank also has one branch in Lampedusa, the south most island of Italy and also has a branch in Rome.

Fondazione Roma formerly Fondazione Cassa di Risparmio di Roma is a charity organization based in Rome, Italy. The organization was re-founded as a banking foundation in 1991, by spin-off its banking activities to merge with other Roman banks to form Banca di Roma S.p.A.. The foundation remained as a shareholder of UniCredit, the banking group that acquired Capitalia in mid-2007. As at 31 December 2006, the foundation was the second largest shareholder of Capitalia for 5.02% stake.

FinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian bank that specializes in online brokerage. Launched in 1999 with its Fineco Online service for retail traders, Fineco became a listed company in 2014 and has been independent from UniCredit banking group since 2019.

Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona, also known by the shorthand Cariverona, was an Italian savings bank headquartered in Verona. It was formed in 1825 from a division of the Monte di Pietà di Verona, itself founded in 1490.

Cassa di Risparmio di Trieste was an Italian savings bank headquartered in Trieste that operated between 1842 and 2002.

References

  1. "Italian deal creates bank giant". BBC News. British Broadcasting Corporation. 20 May 2007. Retrieved 12 March 2016.
  2. 2002 Bilancio (PDF) (Report) (in Italian). Capitalia. 9 April 2003. Archived (PDF) from the original on 13 March 2016. Retrieved 12 March 2016 via Borsa Italiana.
  3. "2006 Bilancio" (PDF). Capitalia (in Italian). Borsa Italiana archive. 30 March 2007. Retrieved 12 March 2016.