Fideuram celebrates. The results as at 30 September 2021 of the group, which also includes the activities of Intesa Sanpaolo Private Banking, reached new heights.
Tommaso Corcos, the managing director, has emphasised how the group has “reached the new historical maximum of beyond 330 billion euro of administered assets, confirming us as the leading private bank of the Country and among the leading banks in Europe. With a net inflow of over 11.9 billion euro in these first nine months of the year, we recorded the best performance of
our history”. In detail, the group, chaired by Paolo Molesini, has assets administered for 330.9 billion euro, up 27.2 billion euro (+9%) compared to 31 December 2020, with a significant contribution from managed savings of 65 percent, to a total of 213.6 billion euro, up 8 percent compared to 197.2 billion at the end of 2020. Consolidated net income amounted to € 882 million (+42%), showing strong growth (259 million) compared to the first nine months of 2020. This increase includes, for 164 million euro, the net capital gain realised with the sale of the Depository Bank and Fund Administration branch of Fideuram Bank (Luxembourg). Net of this non-recurring component, net income would have amounted to 718 million euro, up 15% compared to the same period last year, still representing the best result of the first nine months in its history.
Gea and Business Excellence
Grand finale the day after tomorrow, Wednesday the 10th at Palazzo Mezzanotte in Milan, of the eighth edition of the Business Excellence Award, promoted by Gea-consultants of management, by the management magazine Harvard Business Review Italy and by the savings management company Arca Fondi sgr, under the patronage of the Italian Stock Exchange. The finalists of the award are Elettronica Group, Nexi and Zucchetti in the Innovation and Technology category; De Nora, Iren and Olon in the Sustainability category; Antares Vision, Casappa and Mutti for Internationalisation and Directa Plus, Mipu and Wiit for Rising stars. The day will be attended by Enrico Sassoon, of Harvard Business Review Italy, Gianmario Verona, Rector of Bocconi, Luigi Consiglio of Gea and Ugo Loeser of Arca. The jury of the prize is composed of Gabriele Galateri of Generali, Patrizia Greco of Monte dei Paschi di Siena, Luisa Todini of Green Arrow Capital sgr, Marco Fortis of Fondazione Edison and Raffaele Jerusalmi.
The trade fairs according to Santa
Milanese, Bocconian, 54 years old, Francesco Santa has been appointed International business development director of IEG – Italian Exhibition Group, the company listed on the MTA of the Italian Stock Market, which manages the exhibition facilities of Rimini and Vicenza and is also active in Milan, Brescia, Arezzo, Rome and, abroad, in the United Arab Emirates, the United States, China, Mexico, India. For IEG Santa also maintains the position of managing director of HBG Events, the company specialised in organising trade fairs on the universe of fitness and well-being that IEG acquired in Dubai in 2020.
At the School of Savings with Invest Academy
The course of financial education desired by the Rotary of Cortefranca Rovato for the students of the Cossali Institute of Orzinuovi, in the province of Brescia and conceived by Giulia Fidilio and Invest Academy with the collaboration of Marco Ortelli, will end on 26 November. In total, there will be 85 hours of teaching ranging from the concepts of economic citizenship to talking about savings and management, protection, investments and the new technology of the blockchain.
Confartigianato Vicenza, a Pums for mobility
It is called Pums, for the non-experts, it is the Urban Plan for Sustainable Mobility. A strategic plan for the development of urban traffic movements that municipalities of various sizes and metropolitan cities are trying to develop in compliance with the magic word of this historical period: sustainability. Rome and Milan have already faced the most critical issues of their territory, but in recent days, on the initiative of the Confartigianato of Vicenza,mobility experts and university professors, service providers and local administrators have met in the city for the annual meeting of Citemos. Among them, guests of the president of the local Confartigianato, Gianluca Cavion, professor at La Sapienza, Fabio Massimo Frattale Mascioli, director of Confartigianato Bergamo, Stefano Maroni, secretary general of Confartigianato Brescia, Carlo Piccinato and Marco Bonafede of the Mobility Services of the Municipality of Vicenza. At the centre of the work, the research presented by the group led by Simone Caiello (UniBicocca) and Massimiliano Roda (Sapienza), with a focus on the endless queues that after the critical issues related to the Covid emergency have returned to be companions of the lives of many, but also the possible repercussions of the Pums on the production system of small- and medium-sized Italian companies, which continue to be the backbone of the economic structure of the country.