Strategy
FISPB, BlackRock Accelerate Digital Wealth Offering
The European private banking group and world's largest asset manager are teaming up to enable FISPB to expand its digital wealth offering.
Fideuram Intesa Sanpaolo Private Banking (FISPB) – the
private bank of the Intesa Sanpaolo Group – is collaborating with
BlackRock to speed up its digital wealth management offering.
FISPB will use BlackRock’s investment capabilities to expand its
digital offering, the bank said in a statement.
The initiative will expand into Europe beginning with Belgium and
Luxembourg, where the subsidiary Intesa Sanpaolo Wealth
Management operates, the group said.
“This agreement is a perfect fit with our strategy based on the
growth of our Wealth Management business and the development of
new digital solutions,” Carlo Messina, CEO of Intesa Sanpaolo,
said.