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Capitalia Banking Group


Capitalia Banking GroupCapitalia S.p.A. is the Holding Company of the Capitalia Banking Group, born on July 1, 2002, from the synthesis of the former Bancaroma and Bipop-Carire banking groups. With the approval of the 2005-2007 Business Plan by the Capitalia Board of Directors on July 4, 2005, the organizational and corporate rationalization of the Capitalia Group continued. Currently, besides the parent company, Capitalia S.p.A., the Group is primarily composed of three commercial banks (Banca di Roma, Banco di Sicilia and Bipop Carire, all wholly owned), which are entirely focused on customers and traditional banking activities through their local networks under their own brands.

Capitalia is a limited company, and it is currently led by the President Cesare Geronzi and the CEO Matteo Arpe. It employs 28,264 people and its annual profit is 5,171,000 million EUR (as of 2004).

Banking Forum

Headquarters:Rome, Italy
Web:www.capitalia.it
Modified: 13.05.2007 | Inform about a mistake



Financial & Banking News


Financial & Banking News


Credit Suisse launches global credit business - 13.03.2008
Credit Suisse has combined its leveraged finance and investment grade businesses under a new group called the global credit business unit as part of its plan to align businesses across its global securities division.
Citigroup revamps mortgage business - 07.03.2008
Citigroup Inc. is cutting residential mortgage assets by $45bn and costs by $200m at the same time that Merrill Lynch discontinues origination at First Franklin, a sub-prime mortgage company the bank bought two years ago.
Ultra-rich Middle East investors target Russia - 06.03.2008
Russian hedge fund Pharos Financial claims it will raise more than $1bn from investors in the United Arab Emirates, Saudi Arabia and the other Gulf states.
Societe Generale fights back with internal "hackers" - 19.02.2008
Societe Generale is setting up an internal team of "hackers" to stress-test its information technology and risk management systems as part of a €50m bank-wide initiative to tighten its risk controls after falling victim to a trading scandal.
Mainland banks boost assets 20 percent - 14.02.2008
Mainland banks increased their overall assets by 20 percent last year with midsized joint-stock institutions leading the sector, according to China Banking Regulatory Commission data released yesterday.
Goldman bolsters MoneyGram bailout - 13.02.2008
Goldman Sachs is providing $500m in debt to troubled US payments company MoneyGram International as the investment bank raises the largest mezzanine fund to date and demand grows for this type of financing.


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