Businessweek

Intesa Sanpaolo S.p.A. provides banking and financial services worldwide. It focuses on the commercial banking activities, as well as retail, corporate, and wealth management activities in Italy. The company, through a network of 6,354 branches, offers services to approximately 11.2 million customers. Business Units The company operates in six business units: Banca dei Territori, Corporate & Investment Banking, Public Finance, International Subsidiary Banks, Eurizon Capital, and Banca Fideuram. The Banca dei Territori Division is in charge of the traditional lending and deposit collecting activities in Italy and of the related financial services. It serves retail (households, personal, small businesses) and private customers, in addition to small and medium-sized enterprises. This Division includes EurizonVita, the insurance company which provides insurance services for pension plans and coverage for persons and assets. The Corporate & Investment Banking Division serves corporate customers and financial institutions in Italy and abroad. It offers corporate banking products and services for their customers and investment banking, capital markets, merchant banking, leasing and factoring for the entire Group. The Division is also responsible for proprietary portfolio management. Public Finance is responsible for customers in government, public entities, local authorities, public utilities, healthcare structures and general contractors and for developing activities related to medium-/long-term lending, project financing, securitizations, financial advisory and purchase of equity stakes in initiatives and investment projects in the reference segments. The International Subsidiary Banks Division engages in supervising and coordinating activities in markets abroad, where Intesa Sanpaolo is present through subsidiary and partly-owned commercial banks performing retail activities, defining strategies aimed at identifying growth opportunities and managing relations with the centralized structures of the Parent Company and with international branches and representative offices belonging to the Corporate & Investment Banking Division. Eurizon Capital is the company specialized in providing collective and individual asset management products to the company’s internal banking networks also focused on strengthening its presence in the open market segment through specific distribution agreements with other networks and institutional investors. Banca Fideuram, through its network of private bankers, performs asset gathering activities serving customers with medium to high savings potential.