Banca Leonardo is an Italian independent
investment bank
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
based in Milan. It operates through its own brand and through its subsidiaries with a focus on the
wealth management
Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-hi ...
business in Italy.
History
Banca Leonardo S.p.A. was founded in Milan in October 1999.
In April 2006, a group of leading European investors acquired and recapitalised Banca Leonardo with the purpose of creating the first private and independent investment bank in Italy and becoming the market leader through consulting services, a long-term individual approach, value-added services, professionalism, and expertise.
In July 2007, Banca Leonardo acquired a stake in Toulouse & Associés, a French investment bank led by Jean-Baptiste Toulouse and
Jean Peyrelevade
Jean Peyrelevade (born 24 October 1939) is a senior French center-left politician and business leader.
Beliefs and political career
In 1981 Peyrelevade was appointed deputy director of the cabinet and economic adviser to French Prime Ministe ...
. It then acquired the rest of the shares it did not own in Toulouse & Associés in September 2008.
In October 2015, the group sold its investment bank activities in Belgium, Germany, Italy and Spain to
Houlihan Lokey
Houlihan Lokey, Inc., is an American multinational independent investment bank and financial services company. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California. The firm ad ...
. While offices in Belgium, Germany and Spain now operate under the Houlihan Lokey brand, the Italian office has retained the Leonardo & Co. brand. In May 2015, the group sold its investment banking activities in France to
Natixis
BPCE (for Banque Populaire Caisse d'Epargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth-largest bank, t ...
.
In December 2016, the group sold its French private banking activities to
UBS France.
In May 2018, 94.1% of the shareholding of Banca Leonardo was acquired by
Indosuez Wealth Management
Banque Indosuez was a French bank, the product of the 1975 merger of Banque de l'Indochine and Banque de Suez et de l'Union des mines. It was purchased by Crédit Agricole in 1996, and formed the core of what is now Crédit Agricole Corporate and ...
, a subsidiary of
Groupe Crédit Agricole.
As of today, thanks to several key investments and financial transactions aimed at strengthening its core business, Banca Leonardo operates in the Wealth Management business, in Italy.
Main Shareholders
*
Indosuez Wealth Management
Banque Indosuez was a French bank, the product of the 1975 merger of Banque de l'Indochine and Banque de Suez et de l'Union des mines. It was purchased by Crédit Agricole in 1996, and formed the core of what is now Crédit Agricole Corporate and ...
(Groupe Crédit Agricole): 99.8%
References
External links
Sito ufficiale
{{Banking in Italy
Banks of Italy
Italian brands
Companies based in Milan
Italian companies established in 1999