Intesa Sanpaolo Private Banking

Intesa Sanpaolo Private Banking

Intesa Sanpaolo Private Banking was established in 2009 as the dedicated wealth management arm of the Intesa Sanpaolo Group. The business grew out of the group's strategy to unify private banking services — combining Fideuram's financial advisory network with Intesa Sanpaolo's mass-affluent and high-net-worth client base under a single operating brand. Paolo Grandi was appointed President of both Fideuram - Intesa Sanpaolo Private Banking and Intesa Sanpaolo Private Banking in 2025. The firm's strategy centers on intergenerational wealth advisory and asset protection for Italian private clients. It operates across liquid and illiquid asset classes, including portfolio management, fiduciary services, and art advisory — the group backed the fourth edition of the Collezionisti e Valore dell'Arte in Italia research in 2026 and served as main partner of the miart modern art fair in Milan. Geographic coverage concentrates on Italy, delivered through the group's domestic branch network. Team size and total client assets are not publicly disclosed by the division. The firm operates alongside Fideuram's network and draws on the parent group's resources. In 2025, Intesa Sanpaolo named Paolo Grandi President of the private banking division (per the firm, 2025). The division's structure is a bank captive — its client relationships, custody, and credit provisioning rely entirely on the parent group's balance sheet and regulatory perimeter. This differentiates it from independent asset-gathering firms, since the unit's fortunes rise and fall with the broader Intesa Sanpaolo Group's credit rating and capital position.