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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intesa Sanpaolo Spa | BIT:ISP | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.101 | 2.92% | 3.563 | 3.55 | 3.5645 | 3.569 | 3.484 | 3.4985 | 86,197,369 | 17:00:00 |
By Carlo Martuscelli
Intesa Sanpaolo S.p.A. (ISP.MI) said Wednesday that it had received approval to provide wealth management services in China through its wholly-owned subsidiary, Yi Tsai.
The Italian lender said it was the first bank to be given permission to operate a wealth management arm fully under its control in the Asian country.
Intesa said that Yi Tsai will operate in the city of Qingdao, which has been designated a zone to pilot wealth management projects in China.
Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu
(END) Dow Jones Newswires
December 11, 2019 05:13 ET (10:13 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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