Bipop Carire S.p.A. was an Italian banking group based in Brescia, Lombardy. The group became part of the Capitalia group in 2002. Capitalia, it turn, went on to become part of UniCredit in 2007,[2] which the brand Bipop Carire was absorbed into UniCredit in 2008. Bipop Carire was formed as a merger of Banca Popolare di Brescia (Bipop) and Cassa di Risparmio di Reggio Emilia (Carire) in 1999.
Fineco was a subsidiary of the group.
History
Bipop–Carire was a merger of Cassa di Risparmio di Reggio Emilia (Carire, found 1494[3]) and Banca Popolare di Brescia (Bipop, found 1983 by the merger of Banca Popolare di Lumezzane and Banca Popolare di Palazzolo) in 1999. It was listed in Borsa Italiana (Milan Stock Exchange). However the group suffered from a false account scandal in 2001,[4]