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Banca Profilo Snapshot
Investment bank Banca Profilo offers personalized banking; corporate financing; and asset management, treasury, and consulting services. Clients include insurers, businesses, institutions, and individuals. Founded as a brokerage in 1988, the firm became a bank in 1995 to compete with securities-trading foreign banks entering the Italian market. Banca Profilo operates about 10 offices throughout Italy. In 2007 it bought a majority stake in Société Bancaire Privée of Geneva, expanding its European presence and its private banking business. It also plans to merge with Meliorbanca, expanding its network to nearly two dozen branches throughout Italy.
