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Banca Di Credito Italiano
The ''Banca di Credito Italiano'' () was a significant investment bank in late 19th-century Italy. It was founded in Turin on as the Italian affiliate of Paris-based Crédit Industriel et Commercial, itself recently established in 1859. As such, it was one of the earliest joint-stock banks established in the new Kingdom of Italy. In 1865 it relocated its head office to Florence, the kingdom's temporary capital, and in 1874 to Milan. In 1892, it was acquired by the Credito Mobiliare, which however went bankrupt the next year. Its shares were quoted on the Milan Stock Exchange from 1863 to 1893. See also * Credito Mobiliare * Banca Generale * Banco di Sconto e Sete The ''Banco di Sconto e Sete'' () was an Italian credit institution based in Turin, created in 1863 by merger of two previous banks, the ''Cassa di Sconto di Torino'' (, est. 1853) and ''Banco Sete'' (, est. 1857). It failed in the severe Italian ... Notes Defunct banks of Italy {{bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Bank
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a Return (finance), return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher rate of return, returns from Financial risk, riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to Diversification (financ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turin
Turin ( , Piedmontese: ; it, Torino ) is a city and an important business and cultural centre in Northern Italy. It is the capital city of Piedmont and of the Metropolitan City of Turin, and was the first Italian capital from 1861 to 1865. The city is mainly on the western bank of the Po River, below its Susa Valley, and is surrounded by the western Alpine arch and Superga Hill. The population of the city proper is 847,287 (31 January 2022) while the population of the urban area is estimated by Eurostat to be 1.7 million inhabitants. The Turin metropolitan area is estimated by the OECD to have a population of 2.2 million. The city used to be a major European political centre. From 1563, it was the capital of the Duchy of Savoy, then of the Kingdom of Sardinia ruled by the House of Savoy, and the first capital of the Kingdom of Italy from 1861 to 1865. Turin is sometimes called "the cradle of Italian liberty" for having been the political and intellectual centre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Industriel Et Commercial
The Crédit Industriel et Commercial (CIC, "Industrial and Commercial Credit Company") is a bank and financial services group in France, founded in 1859. It has been majority owned by Crédit Mutuel, one of the country's top five banking groups, since 1998, and fully owned since 2017. History Creation and independent development The was founded on , mainly on the initiative of banker who was supported by the politically influential Duke of Morny, as a competitor to the Pereire brothers's Crédit Mobilier on the model of successful British depository banks such as the London and Westminster Bank. The new bank was initially located in a hotel at 57, rue Taitbout, and in January 1860 purchased a mansion at 66, rue de la Chaussée d'Antin, in whose garden it erected a commercial building (no longer extant) that was completed in November 1861. That facility was accessible from No. 72, rue de la Victoire, and the CIC would remain known as the "bank of the rue de la Victoire" even ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kingdom Of Italy
The Kingdom of Italy ( it, Regno d'Italia) was a state that existed from 1861, when Victor Emmanuel II of Sardinia was proclaimed King of Italy, until 1946, when civil discontent led to an institutional referendum to abandon the monarchy and form the modern Italian Republic. The state resulted from a decades-long process, the '' Risorgimento'', of consolidating the different states of the Italian Peninsula into a single state. That process was influenced by the Savoy-led Kingdom of Sardinia, which can be considered Italy's legal predecessor state. Italy declared war on Austria in alliance with Prussia in 1866 and received the region of Veneto following their victory. Italian troops entered Rome in 1870, ending more than one thousand years of Papal temporal power. Italy entered into a Triple Alliance with the German Empire and the Austro-Hungarian Empire in 1882, following strong disagreements with France about their respective colonial expansions. Although relations wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico anno 2013, datISTAT/ref> Florence was a centre of medieval European trade and finance and one of the wealthiest cities of that era. It is considered by many academics to have been the birthplace of the Renaissance, becoming a major artistic, cultural, commercial, political, economic and financial center. During this time, Florence rose to a position of enormous influence in Italy, Europe, and beyond. Its turbulent political history includes periods of rule by the powerful Medici family and numerous religious and republican revolutions. From 1865 to 1871 the city served as the capital of the Kingdom of Italy (established in 1861). The Florentine dialect forms the base of Standard Italian and it became the language of culture throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milan
Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its Metropolitan City of Milan, metropolitan city has 3.26 million inhabitants. Its continuously built-up List of urban areas in the European Union, urban area (whose outer suburbs extend well beyond the boundaries of the administrative Metropolitan cities of Italy, metropolitan city and even stretch into the nearby country of Switzerland) is the fourth largest in the EU with 5.27 million inhabitants. According to national sources, the population within the wider Milan metropolitan area (also known as Greater Milan), is estimated between 8.2 million and 12.5 million making it by far the List of metropolitan areas of Italy, largest metropolitan area in Italy and List of metropolitan areas in Europe, one of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credito Mobiliare
The ''Società generale di credito mobiliare italiano'' (), often referred to simply as ''Credito Mobiliare'', was a major Italian bank in the last third of the 19th century. It was established in 1863 in Turin with support from the Pereire brothers, succeeding a previous venture, the ''Cassa del Commercio e dell'Industria di Torino'' (), which had been founded in 1852 and had been supported by the French Rothschilds in the late 1850s. The Credito Mobiliare failed to survive the major Italian financial crisis of the early 1890s and was liquidated in 1893. Some of its operations were re-organized as the Banca Commerciale Italiana, marking the transition from French to German influence in Italian investment banking. History The was established in 1852 and reorganized in 1856 with support from Paris-based financier James Mayer de Rothschild, who wanted to pre-empt efforts by his French competitors the Pereire brothers to expand on the Italian market. That effort, however, did ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milan Stock Exchange
Borsa Italiana, based in Milan, is the Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ilsole4ore.com,Borsa Italiana Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998.source sense.com,Borsa Italiana On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group.news.bbc.co.uk,London Stock Exchange Buys Borsa This changed on 9 October 2020, when a €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext. Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as Piazza Affari ("Business Square"), after the city square of Milan where ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Generale
The ''Banca Generale'' () was a major Italian investment bank between its founding in 1871 and its bankruptcy in 1894. History The Banca Generale was founded in 1871 in Milan and started operations in 1872. Its headquarters were located in Rome, and its backers included two interrelated European financial families, the Bischoffsheims and Goldchmidts; Vienna-based Unionbank; and Italian bankers from Milan, Trieste and Turin, such as the Weill-Schott and Morpurgo families. Together with the Credito Mobiliare, the Banca Generale dominated the Italian investment banking market in the 1870s and 1880s, and the two were the dominant financial institutions in Italy other than the country's six banks of issue. The Banca Generale eventually went bankrupt on , in a context of financial fragility following the domestic Banca Romana scandal and international panic of 1893. Former executives at Banca Generale moved to leading positions in other banks, namely at Banca Commerciale Ital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Di Sconto E Sete
The ''Banco di Sconto e Sete'' () was an Italian credit institution based in Turin, created in 1863 by merger of two previous banks, the ''Cassa di Sconto di Torino'' (, est. 1853) and ''Banco Sete'' (, est. 1857). It failed in the severe Italian banking crisis of the early 1890s, was placed into liquidation in 1892, with its remaining assets and liabilities eventually absorbed into the Società Bancaria Italiana in 1904. Overview The ''Casse di Sconto'' were part of a plan outlined by Cavour to complement the role of the money-issuing National Bank of the Sardinian States with specialized discount banks. The ''Cassa di Sconto'' of Turin was established on , with financial support from the National Bank. Its branch in Genoa became an autonomous affiliate in 1856. The ''Cassa di Sconto di Torino'' started activity with initial capital of one million lire and seat in Palazzo Pallavicino Mossi in Turin, today via Santa Teresa 11. It was authorized to discount trade bills, grant ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
