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ISP Intesa Sanpaolo Spa

3.563
0.101 (2.92%)
06 May 2024 - Closed
Delayed by 15 minutes
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

Intesa Sanpaolo to Launch Wealth Management Business in China

11/12/2019 10:28am

Dow Jones News


Intesa Sanpaolo (BIT:ISP)
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From May 2019 to May 2024

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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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