BPM

Banca Popolare di Milano is a multi-regional Northern Italian retail bank established in 1865 and serves 1.4 million customers through a network of 770 retail branches and 57 financial centers. BPM is the second largest bank in Milan in terms of branches and is the sixth largest bank in Northern Italy. BPM offers retail and corporate banking products and services, brokerage services, investment banking, insurance and wealth management products. Since Investindustrial invested in the company, the management of the bank has been significantly strengthened and a new strategic plan has been developed focusing mainly on increasing efficiency, offering more competitive services and maintaining tight internal controls and risk management policies. At the beginning of 2014 the shareholding of BPM was divested through the public market.