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Banca IMI

From Wikipedia, the free encyclopedia
Banca IMI
Company typeSocietà per azioni
IndustryFinancial services
FoundedOctober 2007
FounderIntesa Sanpaolo
HeadquartersMilan, Italy
ProductsInvestment banking
OwnerIntesa Sanpaolo (100%)
ParentIntesa Sanpaolo
Websitewww.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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