FinecoBank is an Italian financial service company that specialize in online brokerage. Founded as a subsidiary of Fineco (itself a subsidiary of Capitalia), the bank became a subsidiary of UniCredit after Capitalia was acquired in 2007. In 2016 UniCredit sold 20% shares to public market. It became a listed company in 2014.
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FTSE MIB Component
Capitalia was an Italian banking group headquartered in Rome. The bank was a listed company in Borsa Italiana (Milan Stock Exchange). The bank was acquired by UniCredit by issuing news shares of UniCredit for shares of Capitalia.Economy of Milan
The City of Milan is the capital of the Lombardy Region in Northern Italy. Milan and Lombardy have a 2017 GDP of €400 billion ($493 billion) and €650 billion ($801 billion) respectively. On these accounts, the City of Milan is richer than the U.S. state of Massachusetts and Milan's Lombardy region is slightly wealthier than the world's 19th biggest economy, Switzerland. It was Europe's most expensive city in 2015 and 2016. Milan is the world's 11th most expensive city for expatriate employees and its influence in fashion, commerce, business, banking, design, trade and industry makes it an Alpha world city .Milan has surpassed Berlin in economy in 2014, which since then has made it the richest city among the Four Motors for Europe. It is a member of the Blue Banana, the economic leaders of Europe. The city's hinterland is Italy's largest industrial area and the FieraMilano fair is also considered the largest in Europe. Milan also has Italy's highest GDP (per capita), about €40,137 (US$69,130), which is Europe's 2nd highest after Zurich, Switzerland.Milan is entitled to being the Fashion Capital of the World and annually competes with other major international centres, such as New York, Paris, Rome, London, Turin and Tokyo. Major fashion houses and labels, such as Versace, Gucci, Armani, Valentino, Prada, Dolce & Gabbana, Moschino, Luxottica, OVS and Missoni are headquartered in Milan and brands such as Ray Ban, Oakley, Bvlgari and Burberry are owned by Milan, which contribute to the city's economy. Milan's Porta Nuova District is Europe's richest subdivision within any city, with a 2016 GDP of €257 billion ($308 billion) similar to that of the world's 34th richest country, Philippines. The city center also houses Europe's most expensive street, Via Montenapoleone and the National Stock Exchange, Borsa Italiana.FTSE MIB
The FTSE MIB (Milano Indice di Borsa) (the S&P/MIB prior to June 2009) is the benchmark stock market index for the Borsa Italiana, the Italian national stock exchange, which superseded the MIB-30 in September 2004. The index consists of the 40 most-traded stock classes on the exchange. The index was administered by Standard & Poor's from its inception until June 2009, when this responsibility was passed to FTSE Group, which is 100% owned by the Borsa Italiana's parent company London Stock Exchange Group.Milan
Milan (, also US: , Milanese: [miˈlãː]; Italian: Milano [miˈlaːno] (listen)) is a city in northern Italy, capital of Lombardy, and the second-most populous city in Italy after Rome, with the city proper having a population of 1,395,274 while its metropolitan city has a population of 3,250,315. Its continuously built-up urban area (that stretches beyond the boundaries of the Metropolitan City of Milan) has a population estimated to be about 5,270,000 over 1,891 square kilometres (730 square miles). The wider Milan metropolitan area, known as Greater Milan, is a polycentric metropolitan region that extends over central Lombardy and eastern Piedmont and which counts an estimated total population of 7.5 million, making it by far the largest metropolitan area in Italy and the 54th largest in the world. Milan served as capital of the Western Roman Empire from 286 to 402 and the Duchy of Milan during the medieval period and early modern age.
Milan is considered a leading alpha global city, with strengths in the field of the art, commerce, design, education, entertainment, fashion, finance, healthcare, media, services, research and tourism. Its business district hosts Italy's stock exchange and the headquarters of national and international banks and companies. In terms of GDP, it has the third-largest economy among European cities after Paris and London, but the fastest in growth among the three, and is the wealthiest among European non-capital cities. Milan is considered part of the Blue Banana and one of the "Four Motors for Europe".
The city has been recognized as one of the world's four fashion capitals thanks to several international events and fairs, including Milan Fashion Week and the Milan Furniture Fair, which are currently among the world's biggest in terms of revenue, visitors and growth. It hosted the Universal Exposition in 1906 and 2015. The city hosts numerous cultural institutions, academies and universities, with 11% of the national total enrolled students. Milan is the destination of 8 million overseas visitors every year, attracted by its museums and art galleries that include some of the most important collections in the world, including major works by Leonardo da Vinci. The city is served by a large number of luxury hotels and is the fifth-most starred in the world by Michelin Guide. The city is home to two of Europe's most successful football teams, A.C. Milan and F.C. Internazionale, and one of Italy's main basketball teams, Olimpia Milano. Milan, along with the ski resort of Cortina d'Ampezzo, will host the 2026 Winter Olympics.Roberto Nicastro
Roberto Nicastro, an Italian businessman and banker, he has been the Chairman of the "Good Banks" and was the Group General Manager of Unicredit; in the past he worked with McKinsey & Co and Salomon Brothers. He is also involved in postgraduate education advisories and charitable activities.Sort code
Sort codes, in the British and Irish banking industries, are bank codes used to route money transfers between banks within their respective countries via their respective clearance organisations. In Ireland, a sort code is known as the NSC or national sort code and is regulated by IPSO (Irish Payment Services Organisation). Although sort codes in both countries have the same format, they are regulated by different authorities as each country has its own banking system.Sort codes for Northern Ireland branches of banks (codes beginning with a '9') are registered with IPSO for both Northern Ireland and the Republic. These codes are used in both the British and Irish clearing systems.
The sort code, which is a six-digit number, is usually formatted as three pairs of numbers, for example 12-34-56. It identifies both the bank and the branch where the account is held. In some cases, the first digit of the sort code identifies the bank itself and in other cases the first two digits identify the bank. Sort codes are encoded into IBANs, but are not encoded into BICs.UniCredit
UniCredit S.p.A. is an Italian global banking and financial services company. Its network spans 50 markets in 17 countries, with more than 8,500 branches and over 147,000 employees. Its strategic position in Western and Eastern Europe gives the group one of the region's highest market shares. The company is a component of the Euro Stoxx 50 stock market index.
FTSE MIB companies of Italy
(Supervised by ECB)
|Nationwide and multi-regional banks|
(Supervised by ECB)
(total assets €30b to €8b)
regional cooperative bank
|Co-operative banks (BCC)|
and central banks
|Regional retail bank|