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Intesa Sanpaolo SpA engages in the provision of financial products and banking services. It operates through the following segments: Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Private Banking, Asset Management, Insurance, and Corporate Centre. Read More The Banca dei Territori segment oversees the traditional lending and deposit collection activities in Italy. The Corporate and Investment Banking segment deals with corporate banking, investment banking, and acts as a partner for corporates, public administration, and financial institutions. The International Subsidiary Banks segment operates on international markets through subsidiary and associated banks. The Private Banking segment specializes in the asset management of private and high net worth individuals. The Asset Management segment develops solutions targeted at the firm's customers, commercial networks, and institutional clientele. The Insurance segment includes Intesa Sanpaolo Vita, Fideuram Vita, Intesa Sanpaolo Assicura, and Intesa Sanpaolo Assicura. The Corporate Centre segment comprises the group's treasury and the Capital Light Bank. The company was founded in 1931 and is headquartered in Turin, Italy. ISNPY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
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UPDATE 4 -UniCredit shuns Italy M&A wave, sees opportunities in COVID-19 crisis
* Trading gains, lower costs drive Q2 profit beat * Commercial operations rebound post-lockdown * To keep provisioning against potential COVID-19 hit * Confi
BRIEF-Intesa Sanpaolo Q2 Net Income At EUR 1.42 Bln
Aug 4 (Reuters) - Intesa Sanpaolo SpA: * Q2 FEES EUR 1.74 BILLION VERSUS EUR 1.84 BILLION IN Q1 * Q2 NET INCOME EUR 1.42 BILLION VERSUS EUR 1.1 BILLION IN REU