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Banca Leonardo

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Banca Leonardo
Company typeSocietà per azioni S.p.A
IndustryFinancial services
Founded1999; 25 years ago (1999) in Milan
Headquarters,
Number of locations
Wealth Management: Milan, Florence, Lecco, Padua, Rome, Turin.
Key people
  • Ariberto Fassati (chairman)
  • Marco Migliore (CEO and GM)
Serviceswealth management
OwnerIndosuez Wealth Management (99.8%)
Websitewww.bancaleonardo.com/en

Banca Leonardo is an Italian independent investment bank based in Milan. It operates through its own brand and through its subsidiaries with a focus on the wealth management business in Italy.

History

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Banca Leonardo S.p.A. was founded in Milan in October 1999.

In April 2006, a group of leading European investors acquired and recapitalised Banca Leonardo with the purpose of creating the first private and independent investment bank in Italy and becoming the market leader through consulting services, a long-term individual approach, value-added services, professionalism, and expertise.

In July 2007, Banca Leonardo acquired a stake in Toulouse & Associés, a French investment bank led by Jean-Baptiste Toulouse and Jean Peyrelevade.[1] It then acquired the rest of the shares it did not own in Toulouse & Associés in September 2008.[2]

In October 2015, the group sold its investment bank activities in Belgium, Germany, Italy and Spain to Houlihan Lokey.[3] While offices in Belgium, Germany and Spain now operate under the Houlihan Lokey brand, the Italian office has retained the Leonardo & Co. brand. In May 2015, the group sold its investment banking activities in France to Natixis.[4]

In December 2016, the group sold its French private banking activities to UBS France.[5]

In May 2018, 94.1% of the shareholding of Banca Leonardo was acquired by Indosuez Wealth Management, a subsidiary of Groupe Crédit Agricole.[6]

As of today, thanks to several key investments and financial transactions aimed at strengthening its core business, Banca Leonardo operates in the Wealth Management business, in Italy.

Main Shareholders

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References

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  1. ^ "Toulouse et Associés se rapproche de la banque d'investissement Banca Leonardo". lesechos.fr (in French). Retrieved 2019-02-19.
  2. ^ "Gerardo Braggiotti rachète la banque d'affaires Toulouse et associés". La Tribune (in French). Retrieved 2019-02-19.
  3. ^ "Houlihan Lokey to buy Leonardo & Co - source". Reuters. 2015-10-13. Retrieved 2019-02-19.
  4. ^ "Natixis boucle le rachat de Leonardo, renommée Natixis Partners". Challenges (in French). Retrieved 2019-02-19.
  5. ^ "UBS France to buy Banca Leonardo's French private banking arm". Reuters. 2016-12-22. Retrieved 2019-02-19.
  6. ^ a b "Indosuez Wealth Management completes acquisition of Banca Leonardo". pressroom.credit-agricole.com. Retrieved 2019-02-19.
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