Banca IMI is a division (formerly a subsidiary) of Intesa Sanpaolo which is specialised in corporate banking, investment banking and capital markets.[1] The bank can trace its origins to the Istituto Mobiliare Italiano.[2] IMI merged with Istituto Bancario San Paolo di Torino to form Sanpaolo IMI in 1998[3] (through which a new subsidiary of the new group Banca d'Intermediazione Mobiliare was created), which in turn merged with Banca Intesa in January 2007.[2][4] 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..[2]
In July 2020, Banca IMI was merged into Intesa Sanpaolo via incorporation, becoming Intesa Sanpaolo's corporate banking and investment banking division.[1]
See also
References
- Andrea Greco. Intesa Sanpaolo integra Banca Imi ma non cambia manager e modello di business la Repubblica, 23 June 2020, retrieved 30 June 2025^
- Massimiliano Volpe. Banca Imi si fonde nella capogruppo Intesa Sanpaolo Wall Street Italia, 23 June 2020, retrieved 30 June 2025^
- Fabio Franchini. Intesa assorbe Imi ma tiene il brand Il Giornale, 24 June 2020, retrieved 30 June 2025^
- Financial reports Intesa Sanpaolo, retrieved 30 June 2025^