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What happened to Banca Intesa?

Banca Intesa S.p.A. was an Italian banking group, formed in 1998 by merger of Cassa di Risparmio delle Provincie Lombarde (Cariplo) and Banco Ambrosiano Veneto. The next year, the banking group merged with Banca Commerciale Italiana to become IntesaBCi, but the name of the group was reverted to Banca Intesa in 2003.

Who is Intesa Sanpaolo?

Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583.

Who owns Banca Intesa & Sanpaolo IMI?

Crédit Agricole was the major shareholder of the group for 25.51% shortly before the merger of Intesa with BCI. Banca Intesa and Sanpaolo IMI announced, in August 2006, that they were to merge to found Italy's biggest and Europe's third-largest banking group in terms of total assets.

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