Halfway through his conversation with Euromoney, Mauro Micillo, head of Intesa Sanpaolo’s investment banking division, asks us to guess how much of its client business comes from outside Italy.
This is the EU’s biggest bank by market capitalization after BNP Paribas and Banco Santander, with a balance sheet of almost €1 trillion. Its valuation is higher than BNPP and Santander, and its market cap is bigger than banks that are larger by assets, Deutsche Bank or Societe Generale.
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