[{"@context":"http:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/finecobank-wikipedia\/#BlogPosting","mainEntityOfPage":"https:\/\/wiki.edu.vn\/en\/wiki19\/finecobank-wikipedia\/","headline":"FinecoBank – Wikipedia","name":"FinecoBank – Wikipedia","description":"From Wikipedia, the free encyclopedia FinecoBank Formerly GI-FIN Istituto per le Cessioni del Quinto Novara ICQ ICQ Banca Cisalpina Fin-Eco","datePublished":"2019-11-01","dateModified":"2019-11-01","author":{"@type":"Person","@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/author\/lordneo\/#Person","name":"lordneo","url":"https:\/\/wiki.edu.vn\/en\/wiki19\/author\/lordneo\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Enzyklop\u00e4die","logo":{"@type":"ImageObject","@id":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","url":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/86\/FinecoBank_logo.svg\/220px-FinecoBank_logo.svg.png","url":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/86\/FinecoBank_logo.svg\/220px-FinecoBank_logo.svg.png","height":"89","width":"220"},"url":"https:\/\/wiki.edu.vn\/en\/wiki19\/finecobank-wikipedia\/","wordCount":4965,"articleBody":"From Wikipedia, the free encyclopediaFinecoBankFormerlyGI-FINIstituto per le Cessioni del QuintoNovara ICQICQ Banca CisalpinaFin-Eco Banca ICQTypeListedBIT:\u00a0FBKFTSE MIB ComponentFounded1982(as GI-FIN)1999(as Fineco)Servicesonline brokerageFinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian bank that specializes in online brokerage.[1] Launched in 1999 with its Fineco Online service for retail traders,[2] Fineco became a listed company in 2014 and has been independent from UniCredit banking group since 2019.[3]FinecoBank is a constituent of FTSE MIB (since 2016), the blue chip index of the Borsa Italiana.[4] Since 2015 it has over a million customers in Italy, where its role has been compared to that of Schwab in USA.[2]Table of ContentsHistory[edit]Predecessors[edit]FinecoBank[edit]References[edit]External links[edit]History[edit]Predecessors[edit]The predecessor of Fineco was a financial institution known as GI-FIN S.r.l. in 1982 and then GI-FIN S.p.A. from October 1982.[5] In 1983, the institution was incorporated as Istituto per le Cessioni del Quinto S.p.A. (ICQ),[5] which later known as Novara ICQ S.p.A.[6]:\u200a665\u200a and then ICQ Banca Cisalpina S.p.A..[5][7] ICQ Banca Cisalpina was a subsidiary of Banca Popolare di Novara (BP Novara).[5] In 1990\u201391, BP Novara owned 51.21% shares of ICQ Banca Cisalpina.[6]:\u200a665\u200a[8]:\u200a126\u200a ICQ Banca Cisalpina was also a listed company, which was delisted in 1996 by its new owner Banca Popolare di Brescia (Bipop).[9][10]In 1999, Bipop merged with Cassa di Risparmio di Reggio Emilia (Carire) to form Bipop Carire.[5] As of 1990, Banca Popolare di Brescia also partially owned the namesakes Fin-Eco Leasing (33.33%) and Fin-Eco Factoring (30%).[8]:\u200a125\u200a As of 1994, Bipop owned the aforementioned companies via an intermediate holding company Fin-Eco Holding.[11] The Holding also owned another subsidiary Fin-Eco SIM.[11] Bipop also attempted to acquire another namesake Cisalpina Gestioni in 1994.[11]After the 1999 merger, the banking group re-organized ICQ Banca Cisalpina as well as Fin-Eco Leasing and Fin-Eco Factoring.[12]FinecoBank[edit]ICQ Banca Cisalpina was renamed to “Fin-Eco Banca ICQ S.p.A.” (Banca Fin-Eco in short) in 1999,[5] which was considered as the launch date of the current Fineco.[13][14] In 2002, Bipop Carire and Fineco became part of Capitalia banking group.[15] In 2007, Capitalia was absorbed into UniCredit banking group, while Fineco was kept as a separate subsidiary.In 2014 FinecoBank started its initial public offering.[13] In 2016 UniCredit sold a further 30% shares to public market.[16][17][18] In May 2019, UniCredit sold another 17% shares of FinecoBank.[1] As UniCredit owned 18% shares of FinecoBank after the transaction, FinecoBank is no longer an associate company of UniCredit.[19]In 2020, Fineco decided to spend 7 million euros on a marketing campaign to grow its services in UK,[20] whose launch was authorised earlier in the same year.[21]FinecoBank Banca Fineco serves customers in the United Kingdom and Italy.[22]UniCredit sold its remaining stake in FinecoBank in 2019.[23]References[edit]^ a b Za, Valentina; Aloisi, Silvia (7 May 2019). Potter, Mark; Merriman, Jane (eds.). “UniCredit sells 17 percent stake in online broker FinecoBank”. Reuters. Additional reporting by Helen Reid. Milan. Retrieved 19 July 2019.^ a b Maximilian Cellino (8 May 2019). “Fineco, come guadagna la banca online venduta da UniCredit”. Il Sole 24 ORE. Retrieved 30 January 2021.^ “FinecoBank Banca Fineco SpA (FBK\u00a0: BIT) Stock Price & News – Google Finance”. www.google.com. Retrieved 11 September 2021.^ “Fineco Bank – London South East”. www.lse.co.uk. Retrieved 11 September 2021.^ a b c d e f “La fase iniziale”. Prospetto [Prospectus] (PDF) (in Italian). FinecoBank. 2014. p.\u00a0114.^ a b Whiteside, R. M.; Wilson, A.; Blackburn, S.; H\u00f6rnig, S. E.; Wilson, C. P. (1991). “Major Companies of Italy”. In Whiteside, R. M.; Wilson, A.; Blackburn, S.; H\u00f6rnig, S. E.; Wilson, C. P. (eds.). Major Companies of Europe 1991-1992 Vol.1\u00a0: Major Companies of the Continental European Community. London: Graham & Trotman (Kluwer Academic Publishers Group). pp.\u00a0651\u2013750. doi:10.1007\/978-94-011-3016-5_7. ISBN\u00a0978-1-85333-598-3.^ “FinecoBank”. Forbes. Retrieved 24 September 2021.^ a b Whiteside, R. M.; Forsyth, J.; Wilson, A. (1990). “Major Companies of Italy”. In Whiteside, R. M.; Forsyth, J.; Wilson, A. (eds.). Major Financial Institutions of Continental Europe 1990\/91. London: Graham & Trotman (Kluwer Academic Publishers Group). pp.\u00a0121\u2013140. doi:10.1007\/978-94-011-3022-6_9. ISBN\u00a0978-1-85333-471-9.^ “COMPANIES DELISTED FROM JANUARY 1995 TO 31 AUGUST 2010” (PDF) (in Italian). Borsa Italiana. Retrieved 19 July 2019.^ “POP. BRESCIA: NULLA OSTA CONSOB AD OPA ICQ CISALPINA” (in Italian). Rome. Adnkronos. 7 October 1996. Retrieved 19 July 2019.^ a b c “Provvedimento \u21162179 (C1536): Banca Popolare di Brescia \/ Cisalpina Gestioni” (PDF) (in Italian). Italian Competition Authority (AGCM). 25 July 1994. Archived from the original (PDF) on 16 April 2016. Retrieved 16 April 2016.^ “eco+bank”. library.answerthepublic.net. Retrieved 11 September 2021.^ a b Bray, Chad (27 June 2014). “UniCredit’s Online Unit Raises at Least $916 Million in I.P.O.” “Dealbook” section. The New York Times. Retrieved 19 July 2019. The company, founded in 1999,…^ “About Fineco”. Fineco Bank. Retrieved 19 July 2019.^ Bilancio al 31 dicembre 2002 [2002 Annual Repoort] (PDF) (in Italian). Capitalia. 2003. Archived (PDF) from the original on 13 March 2016. Retrieved 16 December 2019 \u2013 via Borsa Italiana.^ “Unicredit vende il 10 per cento di FinecoBank. Incasso da 328 milioni di euro”. La Repubblica. Rome: Gruppo Editoriale L’Espresso. 12 July 2016. ISSN\u00a02499-0817. Retrieved 19 July 2019.^ “UniCredit launches placement of ordinary shares in FinecoBank S.p.A. representing 20% of the Company’s existing share capital” (Press release). UniCredit. 12 October 2016. Retrieved 24 January 2017.^ Written at Milan. “Unicredit cede il 20% di Fineco, ma il mercato non brinda”. La Repubblica. Rome: Gruppo Editoriale L’Espresso. 13 October 2016. ISSN\u00a02499-0817. Retrieved 19 July 2019.^ “UniCredit announces FinecoBank is not anymore part of the Group starting today” (Press release). UniCredit. 10 May 2019. Retrieved 19 July 2019.^ Eleonora Micheli (9 November 2020). “Fineco, Foti: \u00ab2020 un anno di successo. Distribuiremo cedole appena possibile\u00bb”. Il Sole 24 ORE. Retrieved 30 January 2021.^ Eleonora Micheli (11 February 2020). “Fineco prepara lo sbarco in Gran Bretagna ed esclude M&A”. Il Sole 24 ORE. Retrieved 30 January 2021.^ “FinecoBank Banca Fineco SpA – Company Profile and News”. Bloomberg.com. Retrieved 24 September 2021.^ “UniCredit successfully completes the sale of its remaining stake in FinecoBank”. UniCredit. 8 July 2019.External links[edit] "},{"@context":"http:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/#breadcrumbitem","name":"Enzyklop\u00e4die"}},{"@type":"ListItem","position":2,"item":{"@id":"https:\/\/wiki.edu.vn\/en\/wiki19\/finecobank-wikipedia\/#breadcrumbitem","name":"FinecoBank – Wikipedia"}}]}]