Capitalia
Encyclopedia
Capitalia was an Italian
banking group headquartered in Rome
. Capitalia was formed in July 2002 in a merger of Banca di Roma, Bipop-Carire, and Banco di Sicilia. Capitalia in turn agreed to be taken over by Unicredit
in May 2007, becoming part of the second-largest bank in the European Union
and the sixth-largest in the world.
Capitalia was a Public limited company
, and it was led by the President Cesare Geronzi and the CEO Paolo Fiorentino following the resignation of Matteo Arpe. Its General Manager was Carmine Lamanda. It employed 28,264 people and its annual profit was 5,171,000 million EUR (as at 2004).
. 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).
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
banking group headquartered in Rome
Rome
Rome is the capital of Italy and the country's largest and most populated city and comune, with over 2.7 million residents in . The city is located in the central-western portion of the Italian Peninsula, on the Tiber River within the Lazio region of Italy.Rome's history spans two and a half...
. Capitalia was formed in July 2002 in a merger of Banca di Roma, Bipop-Carire, and Banco di Sicilia. Capitalia in turn agreed to be taken over by Unicredit
UniCredit
UniCredit SpA is an Italy-based, pan-European banking organization, with aprox 40 million customers and operations in 22 countries.- Geography :...
in May 2007, becoming part of the second-largest bank in the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
and the sixth-largest in the world.
Capitalia was a Public limited company
Limited company
A limited company is a company in which the liability of the members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. And the former of these, a limited company limited by shares, may be...
, and it was led by the President Cesare Geronzi and the CEO Paolo Fiorentino following the resignation of Matteo Arpe. Its General Manager was Carmine Lamanda. It employed 28,264 people and its annual profit was 5,171,000 million EUR (as at 2004).
Group members
- Commercial banks:
- Banca di Roma S.p.A., formed in 1992 by the merger of two large historical banks of Italy: the Banco di Santo SpiritoBank of the Holy SpiritThe Bank of the Holy Spirit was a bank founded by Pope Paul V on December 13, 1605. The Bank was the first national bank in Europe , the first public deposit bank in Rome, and the oldest continuously-operating bank in Rome until its merger in 1992.-First period :The Bank was founded by Pope Paul V...
(founded in 1605 by Pope Paul VPope Paul V-Theology:Paul met with Galileo Galilei in 1616 after Cardinal Bellarmine had, on his orders, warned Galileo not to hold or defend the heliocentric ideas of Copernicus. Whether there was also an order not to teach those ideas in any way has been a matter for controversy...
) and the already merged Banca di Roma and Cassa di Risparmio di Roma. - Banco di Sicilia
- Bipop Carire
- Banca di Roma S.p.A., formed in 1992 by the merger of two large historical banks of Italy: the Banco di Santo Spirito
- Specialized banks:
- MCC
- MCC Sofipa SGR S.p.A.
- Assets previously in a corproration with FinecoFinecoFineco is an Italian online bank and brokerage.It is the largest online brokerage firm in Italy with over 800,000 customer accounts.It was founded in 1999 and then integrated with Capitalia....
S.p.A.:- FinecoBank S.p.A. (98,78% stake)
- Capitalia Asset Management SGR S.p.A.
- Capitalia Investimenti Alternativi SGR S.p.A. (95% stake, other 5% Finecobank)
- CNP Capitalia Vita S.p.A. (38,8% stake)
- Fineco Assicurazioni S.p.A.
- FinecoLeasing S.p.A. (99,99% stake), to be integrated with MCC
- Banca di Roma International SA (99,99% stake)
- Fineco Finance Ltd.
- common service companies:
- Capitalia Informatica
- Capitalia Service JV
- Capitalia Solutions
- S.I.G.RE.C. S.p.A.
Merger with Unicredit
In May 2007, plans were finalized for the buyout of Capitalia by its larger Italian rival, UnicreditUniCredit
UniCredit SpA is an Italy-based, pan-European banking organization, with aprox 40 million customers and operations in 22 countries.- Geography :...
. 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).
External links
- http://www.capitalia.it/
- Unicredit Banca di Roma (Romania)
- Unicredit to buy Capitalia