- Capitalia
Capitalia was an Italian banking group headquartered in
Rome . Capitalia was formed in July2002 in amerger of Banca di Roma, Bipop-Carire, and Banco di Sicilia. Capitalia in turn agreed to be taken over byUnicredit in May2007 , becoming part of the second largest bank in theEuropean Union and the sixth largest in the world.Capitalia was a Public
limited company , and it was led by the PresidentCesare Geronzi and the CEOPaolo Fiorentino following the resignation ofMatteo 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 in1992 by the merger of two large historical banks of Italy: the "Banco di Santo Spirito" (founded in1605 byPope Paul V ) and the already merged "Banca di Roma" and "Cassa di Risparmio di Roma".
** Banco di Sicilia
** Bipop Carire
* Specialized banks:
** MCC
** MCC Sofipa SGR S.p.A.
** Assets previously in a corproration withFineco 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,
Unicredit . 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 eitherBanca di Roma banks (rest of mainland Italy and Sardinia) or asBanco di Sicilia banks (in Sicily only).ee also
Unicredit External links
* http://www.capitalia.it/
* [http://www.bancaroma.it/site/romania/romaniaindex_ro.htm Unicredit Banca di Roma (Romania)]
* [http://news.bbc.co.uk/2/hi/business/companies/6674463.stm Unicredit to buy Capitalia]
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