Intesa Sanpaolo S.p.A.

Intesa Sanpaolo S.p.A. is one of Europe's leading banking groups, formed in 2007 from the merger of Banca Intesa and Sanpaolo IMI, with a dominant position in Italy's financial services market serving approximately 13.9 million customers through around 2,800 branches. It operates across six key segments: **Banca dei Territori** for retail lending, deposits, and services to individuals, SMEs, and non-profits; **IMI Corporate & Investment Banking** offering corporate, investment, and public finance solutions globally; **International Subsidiary Banks** managing retail operations in Central and Eastern Europe, the Middle East, and North Africa with over 900 branches and 7.6 million customers; **Private Banking** tailored for high-net-worth individuals; **Asset Management** providing solutions for institutional and retail clients; and **Insurance** through subsidiaries like Intesa Sanpaolo Vita, delivering life, non-life, and pension products. The group emphasizes a strong ESG focus, particularly on climate initiatives, and generates significant revenue from Italy's savings market via private banking, asset management, and insurance, comprising about 25% of earnings, while maintaining limited exposure to securities trading. With roughly 90,000-95,000 employees and total assets exceeding €943 billion, Intesa Sanpaolo plays a pivotal role in regional banking, corporate finance, and international expansion within the financial services sector.