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Home > Company Index > Banking > Banking - Europe > Banca Profilo S.p.A.

Banca Profilo S.p.A.
 PROFILE
Investment bank Banca Profilo offers personalized banking; corporate financing; and asset management, treasury, and consulting services for insurers, businesses, institutions, and individuals. Founded as a brokerage, the firm became a bank in 1992 to compete with securities-trading foreign banks entering Italy. Banca Profilo sells mutual funds to clients that traditionally would have bought government securities. Banca Profilo's wildly successful 1999 IPO on the Milan exchange made it the first private bank listed on the Italian stock market. Clients include the Republic of Argentina and Interbanca. Banca Profilo has offices in Milan, Rome, Genoa, Reggio Emilia, and Pordenone, as well as in Lugano, Switzerland.

 COMPETITION
Caisse Nationale de Crédit Agricole (dossier)
Sanpaolo IMI S.p.A. (IMI)
UniCredito Italiano S.p.A. (UC)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 27.20

 KEY PEOPLE
• Arnaldo Grimaldi
    CEO
• Maurlizio Lozacono
    CFO

 CONTACT INFO
Corso Italia, 49
20122 Milan, Italy
Phone: 39-02-5840-81
Fax: 39-02-58316057
Online: Web Site

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