Unione Fiduciaria
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Unione Fiduciaria S.p.A. – Società Fiduciaria e di Servizi delle Banche Popolari Italiane (literally ''Fiduciary Union'') is an Italian
custodial bank A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It provides post-trade services and solutions for asset owners (e.g. sovereign wealth funds, central banks, insurance comp ...
that specialized in custodial services.


History

The bank was formed by 8 People's Banks () of Italy in 1958 to act as custodian for those banks. On 30 April 2015
UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...
sold the business in UBI Fiduciaria to Unione Fiduciaria. In 2016 Unione Fiduciaria acquired Istifid, which was owned by Banco di Desio e della Brianza,
Credito Valtellinese Credito Valtellinese (known as Creval) was an Italian bank based in Sondrio (in Lombardy, Italy) prior to its acquisition by Crédit Agricole Italia in 2021. The company was a former component of FTSE Italia Mid Cap Index of the Borsa Italiana ...
, Canova Investissements,
Allianz Allianz SE ( , ) is a German Multinational corporation, multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. Allianz is the world's largest List of largest insurance ...
Bank Financial Advisors S.p.A., Banco Azzoaglio and others. After the deal Credito Valtellinese and Banco Desio increased their stakes in Unione Fiduciaria. Istifid acquired Aperta Fiduciaria, a wholly owned subsidiary of Credito Valtellinese in 2013.


Shareholders

In 2013
UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...
sold all its stake (10.501%) for €3.4 million.https://www.ubibanca.it/contenuti/RigAlle/UBI%20Banca%20Group_Interim%20Financial%20Report%20as%20at%20and%20for%20the%20year%20ended%2030th%20June%202013.pdf the bank had the following shareholders: *
Banca Popolare dell'Emilia Romagna BPER Banca S.p.A., formerly known as Banca Popolare dell'Emilia Romagna S.C., is an Italian banking group offering traditional banking services to individuals, corporate and public entities. The company is based in Modena and is a constituent of ...
(24%) * Banca Popolare di Sondrio (24%) * DepoBank (24%) *
Banca Popolare di Puglia e Basilicata Banca Popolare di Puglia e Basilicata S.C.p.A. is an Italian cooperative bank based in Altamura, in the province of Bari, Apulia region. The bank had 137 branches, covering 12 out of 20 regions of Italy. However, they were located mainly in Sou ...
(0.79%) * Banca Popolare di Cortona (0.0185%) * other shareholders **
Banca Agricola Popolare di Ragusa Banca Agricola Popolare di Ragusa S.C.p.A. is an Italian cooperative bank based in Ragusa, Sicily. The bank had 84 branches inside the island (in the areas of Ragusa, Catania, Siracusa, Messina, Palermo, Enna), plus one branch in mainland Italy, ...
** Banca Valsabbina **
Banca di Credito Popolare di Torre del Greco Banca di Credito Popolare S.C.p.A. (BCP) is an Italian cooperative bank based in Torre del Greco, in the Metropolitan City of Naples. Most of the clients of the bank are from the same area, in which the bank has 44 branches. History Società Ano ...
**
Banca Popolare di Bari Banca Popolare di Bari S.C.p.A. (BP Bari), now BdM Banca, is an Italian bank based in Bari, Apulia region. The bank covered most of mainland Italy (13 of 18 regions), except Piedmont and Liguria, and all the autonomous regions of Italy: Aosta Valle ...
** Banca Popolare del Cassinate ** Banca Popolare di Cividale **
UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...
** Banca Popolare di Fondi ** Banca Popolare di Lajatico ** Banca Popolare del Lazio **
Banco BPM Banco BPM S.p.A. is an Italian bank that commenced operations on 1 January 2017, by the merger (approved by the board of directors on 24 May 2016) of Banco Popolare and Banca Popolare di Milano (BPM). The bank is the third largest retail and cor ...
**
Banca Popolare Pugliese Banca Popolare Pugliese S.C.p.A. (BPP) is an Italian cooperative bank based in Parabita and Matino, in the province of Lecce, Apulia region. Despite named itself Apulian Popular Bank, the bank concentrated in the provinces of Lecce (50 branches) ...
** Banca Popolare Sant'Angelo ** Banca Popolare Valconca ** Banca di Piacenza **
Credito Valtellinese Credito Valtellinese (known as Creval) was an Italian bank based in Sondrio (in Lombardy, Italy) prior to its acquisition by Crédit Agricole Italia in 2021. The company was a former component of FTSE Italia Mid Cap Index of the Borsa Italiana ...
** SanFelice 1893 Banca Popolare ** Südtiroler Volksbank (plus ex-
Banca Popolare di Marostica Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * ...
)


See also

*
Istituto Centrale delle Banche Popolari Italiane Nexi S.p.A. formerly known as Istituto Centrale delle Banche Popolari Italiane S.p.A. (ICBPI) is an Italian bank that specialises in payment systems such as Nexi Payments (formerly known as CartaSi). The bank was specialised as a central institut ...


References

{{Authority control Banks established in 1958 Italian companies established in 1958 Banks of Italy Companies based in Milan BPER Banca