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Headline: Italy Source: Euromoney Date: July 2001 Best bank UniCredito Italiano Best debt house JPMorgan Best equity house Mediobanca Best M&A house JPMorgan The two most impressive and largest banks in Italy are IntesaBci and UniCredito Italiano. Each has been forged out of a series of mergers, leaving both with some strong franchises and also a series of management challenges. IntesaBci was born out of the merger in 1998 between Cariplo and Ambroveneto, two strong retail banks in wealthy northern Italy. Last year it acquired Banca Commerciale Italiana, the leading wholesale bank in Italy with a strong reputation among the country’s leading corporates. |
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