Native name
|
Unione Fiduciaria S.p.A. |
---|---|
Formerly called
|
Società Fiduciaria e di Servizi delle Banche Popolari Italiane |
joint venture of (mostly) listed companies | |
Industry | Financial services |
Headquarters | 4 via Amedei, Milan, Italy |
Key people
|
|
Services | fiduciary |
Revenue | €30,252,927 (2014) |
€4,284,794 (2014) | |
€2,003,250 (2014) | |
Total assets | €67,069,387 (2014) |
Total equity | €33,286,580 (2014) |
Website | Official website |
Footnotes / references source |
Unione Fiduciaria S.p.A. – Società Fiduciaria e di Servizi delle Banche Popolari Italiane (literally Union Fiduciary) is an Italian bank that specialized in fiduciary. The bank was formed by 8 People's Bank (Italian: Banca Popolare) of Italy in 1958.
On 30 April 2015 UBI Banca sold the business in UBI Fiduciaria to Unione Fiduciaria. In 2016 Unione Fiduciaria acquired Istifid, which was owned by Banco di Desio e della Brianza, Credito Valtellinese, Canova Investissements, Allianz Bank Financial Advisors S.p.A., Banco Azzoaglio and others. After the deal Credito Valtellinese and Banco Desio increased their stakes in Unione Fiduciaria. Istifid acquired Aperta Fiduciaria, a wholly owned subsidiary of Credito Valtellinese in 2013.
In April 2013 UBI Banca sold all the stake (10.501%) they hold for €3.4 million.