Unione Fiduciaria
Italian custodial bank
From Wikipedia, the free encyclopedia
Unione Fiduciaria S.p.A. – Società Fiduciaria e di Servizi delle Banche Popolari Italiane (literally Fiduciary Union) is an Italian custodial bank that specialized in custodial services.[2]
Native name | Unione Fiduciaria S.p.A. |
|---|---|
| Formerly | Società Fiduciaria e di Servizi delle Banche Popolari Italiane |
| Type | Joint venture of (mostly) listed companies |
| Industry | Financial services |
| Founded | 1958 |
| Headquarters | 4 via Amedei, Milan , Italy |
Key people |
|
| Services | Custodial services, Fiduciary services |
| Revenue |  €30,252,927 (2014) |
| €4,284,794 (2014) | |
 €2,003,250 (2014) | |
| Total assets | €67,069,387 (2014) |
| Total equity | €33,286,580 (2014) |
| Website | www |
| Footnotes source[1] | |
History
The bank was formed by 8 People's Banks (Italian: Banca Popolare) of Italy in 1958 to act as custodian for those banks.
On 30 April 2015 UBI Banca sold the business in UBI Fiduciaria to Unione Fiduciaria.[3] In 2016 Unione Fiduciaria acquired Istifid, which was owned by Banco di Desio e della Brianza, Credito Valtellinese, Canova Investissements, Allianz Bank Financial Advisors S.p.A., Banco Azzoaglio and others.[4] After the deal Credito Valtellinese and Banco Desio increased their stakes in Unione Fiduciaria.[5][6] Istifid acquired Aperta Fiduciaria, a wholly owned subsidiary of Credito Valtellinese in 2013.[7]
Shareholders
In 2013 UBI Banca sold all its stake (10.501%) for €3.4 million.[8][9]
As of 31 December 2014[update] the bank had the following shareholders:
- Banca Popolare dell'Emilia Romagna (24%)
- Banca Popolare di Sondrio (24%)
- DepoBank (24%)
- Banca Popolare di Puglia e Basilicata (0.79%)
- Banca Popolare di Cortona (0.0185%)
- other shareholders
- Banca Agricola Popolare di Ragusa
- Banca Valsabbina
- Banca di Credito Popolare di Torre del Greco
- Banca Popolare di Bari
- Banca Popolare del Cassinate
- Banca Popolare di Cividale
- UBI Banca
- Banca Popolare di Fondi
- Banca Popolare di Lajatico
- Banca Popolare del Lazio
- Banco BPM
- Banca Popolare Pugliese
- Banca Popolare Sant'Angelo
- Banca Popolare Valconca
- Banca di Piacenza
- Credito Valtellinese
- SanFelice 1893 Banca Popolare
- Südtiroler Volksbank (plus ex-Banca Popolare di Marostica)
