About Select Intesa Sanpaolo (ISP)

Company Description:

Intesa Sanpaolo S.p.A is a leading banking group in Italy, offering a wide range of financial services including retail, corporate, and investment banking. The bank operates through various segments, including Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Private Banking, Asset Management, and Insurance. Founded in 2007 through the merger of Banca Intesa and Sanpaolo IMI, the bank is headquartered in Turin, Italy.

Main Product(s):

Intesa Sanpaolo's main services include retail banking, direct banking, corporate banking, investment banking, asset management, and insurance services.

Short History of Intesa Sanpaolo S.p.A.:

2007: Formation of Intesa Sanpaolo through the merger of Banca Intesa and Sanpaolo IMI.

2008: Expansion of international operations with the acquisition of certain assets from Lehman Brothers.

2013: Streamlining its structure, Intesa Sanpaolo reorganizes its corporate banking divisions.

2018: Announced a new business plan, focusing on wealth management and insurance.

2020: Acquired UBI Banca, becoming the leading banking group in Italy.