Fideuram Intesa Sanpaolo Private Banking (FISPB), the private banking arm of the Intesa Sanpaolo Group, is set to accelerate its Digital Wealth Management growth in Italy and across Europe through a strategic partnership with BlackRock, the global leader in asset management.
Carlo Messina, CEO of Intesa Sanpaolo, stated, “This agreement aligns perfectly with our strategy to expand our Wealth Management business and develop innovative digital solutions. Partnering with BlackRock allows us to broaden our European client base with cutting-edge offerings.”
FISPB plans to expand its presence with top-tier brokerage services, hybrid advisory, and discretionary portfolio management, all delivered through advanced digital platforms. The collaboration leverages BlackRock’s investment expertise, leading technology, and deep understanding of the wealth management market to enhance FISPB’s digital services, empowering clients with seamless and comprehensive investment options.
The partnership will initially target European markets, starting with Belgium and Luxembourg, where Intesa Sanpaolo Wealth Management already operates and sees significant growth potential.
Tommaso Corcos, Head of Intesa Sanpaolo Wealth Management Division, said, “We are thrilled to partner with BlackRock to strengthen our digital wealth management strategy and further expand in Europe, a market with substantial growth opportunities. Our expertise, robust capabilities, and strong track record in investment management will drive success.”
Rachel Lord, Head of BlackRock International, expressed, “We are delighted to support FISPB’s growth with our global investment capabilities and advanced technology. This collaboration will enable them to better serve their clients and achieve positive outcomes, reaching a new generation of European investors.”
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