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FinecoBank

FinecoBank
Formerly
  • GI-FIN
  • Istituto per le Cessioni del Quinto
  • Novara ICQ
  • ICQ Banca Cisalpina
  • Fin-Eco Banca ICQ
Company typeListed
BIT: FBK
FTSE MIB Component
Founded
1982(as GI-FIN)
1999(as Fineco)
Servicesonline brokerage

FinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian bank that specializes in online brokerage.[1] Launched in 1999 with its Fineco Online service for retail traders,[2] Fineco became a listed company in 2014 and has been independent from UniCredit banking group since 2019.[3]

FinecoBank is a constituent of FTSE MIB (since 2016), the blue chip index of the Borsa Italiana.[4] Since 2015 it has over a million customers in Italy, where its role has been compared to that of Schwab in USA.[2]

FinecoBank has been designated in 2021 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank.[5]

  1. ^ Cite error: The named reference 2019disposal was invoked but never defined (see the help page).
  2. ^ a b Maximilian Cellino (8 May 2019). "Fineco, come guadagna la banca online venduta da UniCredit". Il Sole 24 ORE. Retrieved 30 January 2021.
  3. ^ "FinecoBank Banca Fineco SpA (FBK : BIT) Stock Price & News - Google Finance". www.google.com. Retrieved 11 September 2021.
  4. ^ "Fineco Bank - London South East". www.lse.co.uk. Retrieved 11 September 2021.
  5. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.

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