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Article: Intesa Sanpaolo invests in Eastern promise: Looking East.
- Article from:
- The Banker
- Article date:
- May 1, 2009
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David Lane
With its 33 foreign branches and representative offices, Banca Commerciale Italiana was arguably the most international Italian bank when the 20th century ended. This Milanese bank had a global reach. On the western side of the Atlantic, it had a presence in New York, Chicago, Los Angeles and Latin America, while on the other side of the world it reached to cities such as Beijing, Hong Kong, Seoul, Singapore, Taipei and Tokyo. Banca Commerciale Italiana was at the centre of banking for the industries and firms that for many decades looked to Milan as Italy's industrial and financial capital.
From the south of Italy, Banco di Napoli had ...