subsidiary of a listed company | |
Industry | Financial services |
Founded | 1931 (as IMI) 1994 (as listed company) 1998 (as Banca IMI) 2007 (merger with Banca Caboto) |
Headquarters | Milan, 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 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..