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  • Welcome to Fineco

    Since 1999 we have been changing our customers’ banking experience. And their satisfaction is now higher than ever, making Fineco number one for innovation, transparency and simplicity.
    These key values have always inspired us, and now they have become the pillars of our success, making Fineco one of the top-ranked banks in Europe, with a unique business model.
    Today, Fineco is the leading innovative distributor of financial services, combining efficiency of digital channels and the expertise of one of the largest networks of Personal Financial Advisors.

    Alessandro Foti
    CEO and General Manager of FinecoBank


FinecoBank: a story of success

FinecoBank S.p.A is an independent multi-channel direct bank offering banking, credit, trading and investment services from a single account.
It is a brokerage leader in Europe with one of the largest networks of financial advisers and a capillary network of Fineco Centres throughout Italy.

FinecoBank is one of the most important FinTech banks in Europe. Its transaction and consulting services and platforms are developed in-house with proprietary technology, designed to be innovative and user-friendly to ensure a seamless and intuitive customer experience across all channels.

In addition, FinecoBank is one of the most important players in Private Banking in Italy, with a highly tailor-made consultancy approach that includes trustee services, protection and transfer of personal and corporate assets, legal and tax advice and wind-down management.

FinecoBank has also been active in the United Kingdom since 2017, focussing on offering brokerage and transaction services.

Pioneers since 1999

In 1999 the first online trading retail service in Italy was launched. The new service, known as Fineco Online, was a revolution. Before online trading, a €10,000 stock exchange order cost around €70 and a €100,000 order around €700. With Fineco, the cost for all orders was a maximum of €49, which fell to €19 from the beginning of 2000.

Continuous innovation

Fineco was also immediately innovative in its advertising. It coined the term "The New Economy" that would become the symbol of an era and launched the 3 laws of the new economy.
Here are the most important events in Fineco's history:

1999
Becomes a bank and launches the first remunerated deposit account in Italy, which soon becomes a fully-fledged current account.
2000
Launches financial advisory services through its own network of advisors, as well as a network of mortgage agents; the first of its kind in Italy.
2001
In just two years it grows from zero to 250,000 customers and becomes No. 1 in online trading in Europe.
2008
On July 7 the current banking model is created from the merger with UniCredit Xelion Banca.
2014
On July 2, Fineco was listed on the MTA segment of the Italian stock market.
2016
On April 1, FinecoBank shares are listed in the FTSE MIB.
2017
FinecoBank listed on the Stoxx Europe 600, the index of large cap European companies. On 7 June it lands in the UK: trading, banking and investment in a single multicurrency account.
2018
Fineco Asset Management is born, an Irish company tasked with Funds of Funds management, through strategic partnership with the best international asset managers.
Fineco turns 20. It leaves the UniCredit Group and becomes an independent public company.

With about 1,359,000 clients and € 4.7 billion of net sales in the first half of 2020, Fineco is one of the most solid, innovative and reliable banks on the international financial stage.

Fineco key numbers

Data as at June, 30th 2020

€82.6 bn

Total Financial Assets

1,359,260

Clients

€33 bn

Assets in the Private segment

€4.7 bn

Net sales

Data as at June, 30th 2020

€181 mln

Net profit adjusted*

18.36%

Pro-forma CET1**

1,244

Employees

399

Fineco Centers

2,569

Personal Financial Advisors

92%

Customer satisfaction
Source: KANTAR TNS - March 2020

* Net profit adjusted for non-recurring items in 1H 2020
** Pro-forma CET1 includes 2019 dividend payment

Awards

Simplicity, innovation, excellence in products and services: a combination of winning elements that allow the achievement of important results year after year.

  • Fineco among the most sustainable Banks

    Standard Ethics raises the Bank’s sustainability rating to EE+, the highest rating assigned to credit institutions at this time.

    Source: Standard Ethics Report
  • Fineco certified Top Employer Italy 2020

    In examining its HR policies, for the second year running, the Bank distinguished itself for the attention it pays to offering its resources opportunities and to developing their skills, in this way encouraging a positive and stimulating work environment.

    Source: Top Employers Institute
  • Fineco comes top in Customer Experience and multi-channel satisfaction

    According to a KPMG study published in Harvard Business Review, Fineco is Italy's number one bank for customer experience and also ranks first in customer satisfaction, with interaction on at least two of the three channels: digital, phone and in-person.

    Find out more

    Source: KPMG Research “The Excellence in Customer Experience 2019”
  • Fineco rated No. 1 for Customer Experience

    In its analysis of the Italian Retail Banking sector, Kantar has rated Fineco as the Best Performer for customer experience, with a 36% better performance than the market average.

    Find out more

    Source: KANTAR Research “The Experience Advantage Report Retail Banking 2019 Italy”
  • Award for Fineco's "The Human Factor" advert

    In its annual report "A year of zapping...and likes, a guide to TV and internet programmes", MOIGE included the Bank’s ad on its best television products list for reminding us that "Technology is at its best when it serves our most human side".

    Source: Moige - Movimento Italiano Genitori Onlus
  • Lorena Pelliciari "CFO of the year" in 2019

    Fineco Bank's CFO, Lorena Pelliciari, has been named "CFO of the year" by the "Women in Finance - 2019 Italy Awards" for her ability to foster the Bank's financial growth and her intuition and innovation in facing professional challenges and promoting diversity within the organisation.

    Source: Women in Finance - 2019 Italy Awards
  • Fineco Sustainability Award

    The Bank has been recognised as one of the top ranking Italian companies in terms of sustainability indices according to Standard Ethics at the ESG Awards organised by Milano Finanza.

    Source: MF - Milano Finanza
  • Private Banking and Wealth Management Survey 2019

    FinecoBank ranked first in Italy in the categories "Technology" and "International Clients" in the 2019 survey by Euromoney.

    Source: www.euromoney.com
  • Fineco certified Top Employer Italy 2019

    In examining its HR policies, the Bank distinguished itself for the attention it pays to offering its resources opportunities and to developing their skills, in this way encouraging a positive and stimulating work environment.

    Source: Top Employers Institute
  • Forbes Italia awarded Fineco Private Banking the prize in the "Digital Focus" category 2018

    For the second year running, Fineco has received the "Digital Focus" award «for consistently being at the forefront in providing innovative digital services to the Private Banker and PFA Network».

    Source: Forbes Italia (Blue Financial Communication Group)
  • Alessandro Foti nominated best bank CEO in Europe and Fineco included among the "Most Honored Companies"

    The 2018 Institutional Investor survey awarded Alessandro Foti for the second consecutive year as the best CEO in Europe in the banking sector (Small & Mid-Cap category) and included Fineco among the "Most Honored Companies".

    Source: 2018 All-Europe Executive Team Survey, www.institutionalinvestor.com
  • London Forex Show Awards 2018

    Fineco awarded in the following categories:

    • Best Forex Provider of the Year 2018
    • Best Forex New Entrant 2018
    • Best Forex Trading Platform
    • Best Forex Trading Tools

    Source: London Forex Show Awards 2018, londoninvestorshow.co.uk
  • Private Banking and Wealth Management Survey 2018

    FinecoBank ranked first in Italy in the category "Innovative Technology - Client Experience" in the 2018 survey by Euromoney.

    Source: www.euromoney.com
  • Bluerating has awarded Fineco Private Banking the prize in the "Digital Focus"
    category 2017

    Fineco won the prize in the "Digital Focus"
    category for digital innovation and the technological development of advisory services.

    Source: Bluerating (a company of the Blue Financial Communications group)
  • No. 1 for solidity as well

    Fineco is the top-ranked Italian bank on the FTSE Mib in terms of capital ratio (CET1), updated for the first half of 2017.

    Updated Money.it league table based on CET1 ratio (Common Equity Tier 1 ratio).
  • Fineco among international leaders

    An independent research by KPMG placed Fineco sixth in the 2016 ranking of best companies for Customer Experience in Italy. In the banking sector, Fineco is in the absolute first place.

    Data source: KPMG Nunwood, The era of Customer Experience (2016).
  • To Fineco the best Private Banking team award

    Fonti Awards granted Fineco the award for best 2017 Private Banking team.

  • The best CEO of Europe in Fineco

    In 2017 Alessandro Foti was named best CEO in Europe for the Small & MidCap category of the Banking industry.

    Data source: Research conducted by Institutional Investor.
  • Global Brands Magazine 2017

    Global Brands Magazine awarded Fineco as:

    • Best Financial Brand, Italy
    • Most Innovative Financial Advisory Brand, Italy
    • Best Custom Financial Advisory Brand, Italy
    • Most Trusted Financial Advisory Brand, Italy

    Source: Global Brands Magazine, the international website on the world's leading brands.
  • 2016 Website of the Year

    For the Banking and Finance Activity category, Fineco won:

    • Best Website
    • Most Popular Website

    Source: sitowebdellanno.it
  • Global Finance Award 2016

    Fineco won Global Finance Award for:

    In Italy:

    • Best Digital Bank
    • Best Online Deposit, Credit and Investment Product Offerings
    • Best in Social Media
    Source: Global Finance, financial magazine.

  • Global Brands Magazine 2016

    Global Brands Magazine awarded Fineco as:

    • Most Innovative Financial Brand Italy
    • Best Financial Brand Italy
    • Most Innovative Financial Advisory Brand Italy
    Source: Global Brands Magazine, the international website on the world's leading brands.

  • The most recommended bank

    Fineco is the world's most recommended bank by word of mouth, according to a survey by the The Boston Consulting Group.
    Source: The Boston Consulting GroupRead the full report

  • World Finance 100

    The international magazine World Finance 100 positioned Fineco among the 100 top corporations of 2015, from a selection of 17 banks at a global level.

    Source: worldfinance100.com
  • 2015 Website of the Year

    For the Banking and Finance Activity category, Fineco won:

    • Best Website
    • Most Popular Website

    Source: sitowebdellanno.it
  • Global Finance Award 2015

    Fineco won Global Finance Award for:

    In Italy:

    • Best Digital Bank
    • Best in Social Media
    Source: Global Finance, financial magazine.

  • Global Brands Magazine 2015

    Global Brands Magazine awarded Fineco as:

    • Most Innovative Financial Brand Italy
    • Best Financial Brand Italy
    Source: Global Brands Magazine, the international website on the world's leading brands.

  • Global Finance Award 2014

    Fineco won Global Finance Award for:

    In Italy:

    • Best Consumer Internet Bank

    In Europe:

    • Best Consumer Inter Bank Online Deposit, Credit and Investment Product Offerings
    • Best Bill Payment & Presentment

    In the world:

    • Best Website Design
    Source: Global Finance, magazine di finanza internazionale.

  • Global Brands Magazine 2014

    Global Brands Magazine awarded Fineco as:

    • Most Innovative Banking Brand Italy
    • Best Financial Brand Italy
    Source: Global Brands Magazine, the international website on the world's leading brands.

  • 2014 Website of the Year

    For the Banking and Finance Activity category, Fineco won:

    • Best Website
    • Most Popular Website

    Source: sitowebdellanno.it
  • 2013 Website of the Year

    For the Banking and Finance Activity category, Fineco won:

    • Best Website
    • Most Popular Website

    Source: sitowebdellanno.it
  • 2012 Website of the Year

    For the Banking and Finance Activity category, Fineco won:

    • Best Website
    • Most Popular Website

    Source: sitowebdellanno.it
  • 2012 Il Sole 24 Ore WWW Award

    For the Mobile and Tablet Applications, Utilities and Services category, Fineco won:

    • Banking and Investment Activity
    Source: Il Sole 24 Ore

Leader in Brokerage

Also in the first half of 2020, Fineco maintained its position as no. 1 Italian broker in the "Equity" ranking, with a share of 28.00%. A record achieved in 2004, with a global and wide range of shares, futures, CFDs and Forex, and the most advanced apps to stay on top of the markets.

Volume of orders Equity Equity Transactions Mini Futures on indices
(Total third - party account)

FinecoBank

28.00%

FinecoBank

25.18%

FinecoBank

36.76%

Banca IMI

12.52%

Banca IMI

15.21%

Banca Sella Holding

13.25%

IWBank

8.96%

Banca Akros

9.14%

Directa SIM

10.52%

Source: Report Assosim - First half of 2020. Figures for volumes traded on Italian markets and internalised by associated brokers. Press Release

  • First Law. If it seems easy, it probably is.
  • Second Law. Don't follow revolutions, make them.
  • Third Law. First of all, get there first.

Alessandro Foti

Chief Executive Officer and General Manager

Fabio Milanesi

Deputy General Manager and Head of It,
Operations, Customer Care

Paolo Di Grazia

Deputy General Manager and Head of
Global Business

Alessandro Foti

Chief Executive Officer and General Manager

close

Alessandro Foti graduated with honours in Business and Economics from Bocconi University of Milan in 1984.

He began his professional career in the Financial Management Office of IBM in 1985. After three years of experience in Montedison S.p.A., where he became Head of financial coordination of the group's affiliate companies, in 1989 he joined Fin-Eco Holding S.p.A., with responsibility for capital market operations. In 1993 he became the Head of the operational section for administration, asset management and trading of Fin-Eco Sim S.p.A.. After being appointed as a member of the Board of Directors, General Manager and Managing Director, in 2002 he became Chairman of Fin-Eco Sim S.p.A.. After three years of experience as a member of the Management Committee of Assosim, in October 1999 he was appointed as a member of the Board of Directors of FinecoBank.

In 2001, he became a member of the Supervisory Board of Entrium Direct Bankers AG. From 2003 to 2005, he was a member of the Board of Directors of Ducati Motors Holding S.p.A. and General Manager of FinecoGroup S.p.A. (a company listed on the Midex segment of the Milan Stock Exchange).

From October 1999 to December 2000 he was a member of the Board of Directors of FinecoBank. From December 2000 to date he has served as Chief Executive Officer of FinecoBank and from July 2014 also as General Manager. From May 2010 to January 2015 he was Vice Chairman of the Supervisory Board of DAB Bank AG. From April 2012 to April 2014 he was a member of the Management Committee of Assoreti. From 2013 to 2019 he has been a member of the Executive Management Committee of UniCredit Group. Since April 2014 he has been Director and Vice Chairman of Assoreti. Since July 2014 he has been a member of the Board of Directors of Borsa Italiana S.p.A.

In 2017, 2018 and 2019 he was awarded by Institutional Investor as best CEO in Europe in the banking industry for the Small&Mid Cap category.

Since 9 November 2018 he has been a member of the Board of Directors of Bocconi University of Milan.

Fabio Milanesi

Deputy General Manager It, Operations, Customer Care

close

He is the Head of the Global Business Services Department(GBS). He began his career working for «Studio Agente di Cambio dott. Gaudenzi» in 1989. He joined Fin-eco Sim in 1992 as Administrative Director. He is now Deputy General Manager in Fineco.

Paolo Di Grazia

Deputy General Manager and Head of Global Business

close

He graduated in Business Economics in 1994 from the Bocconi University of Milan. Immediately after gaining his degree, he moved to the United States and worked at the Republic National Bank of New York, dealing with derivative products. He returned to Italy in 1998 to take on the role of Business Development Director at Matrix S.p.A., where he contributed to the start up and development of the online trading platform for Fineco SIM, as well as product development and management for the Fineco brand. He joined the Company in 2004, taking on responsibility for the development and management of the online retail trading platforms and the trading desk. In 2007 he was appointed as Head of Direct Bank with responsibility for banking, brokerage and the trading desk. In 2015 he was appointed as Deputy General Manager. He manages Marketing and Innovation, Brand Promotion and Advertising for the Company areas. Since 19th September 2018, he also manages Investment Products & Advisory Solutions and Financial Advisory Services Units. Since June 2013, he has held the role of Vice Chairman and member of the Executive Committee of Assosim. Since 2008 he has been member of the Management Committee of Fineco.

Mauro Albanese

Head of Network PFA and Private Banking

Lorena Pelliciari

Chief Financial Officer

Stefano Orfanini

Chief Risk Officer

Mauro Albanese

Head of Network PFA and Private Banking

close

He graduated in Economics and Banking in 1984 from the University of Siena. He began his career in IMIgest, where he held the role of Head of the Research and Analysis Office. After several years as Head of Development of Financial and Insurance Products of Banca Fideuram (from 1998), in the 2001 he joined the UniCredit Group to help with the start-up of Xelion and was appointed as Head of work in 2003. In 2005 he took on the position of Business Integration Manager for the Private Banking Division (where he became Head of Planning at European level). At the end of 2007 he returned to Xelion Banca and, following its merger into Fineco in 2008, he was appointed as Head of the work PFA Sales Department. Since 19th September 2018, following the change in the Bank's organizational structure, the Department has been renamed as Network PFA and Private Banking.

Lorena Pelliciari

Chief Financial Officer

close

She is the Head of the Administration Services Department. She began her career in the banking sector in 1980, at the Cassa di Risparmio di Reggio Emilia, where she held positions of responsibility in various areas: advisory services to private clients, finance and treasury, shareholding, planning and management control. Since 2000 she has held the position of Chief Financial Officer within the Company and is currently Head of the Chief Financial Officer Department.

Stefano Orfanini

Chief Risk Officer

close

He is Head of the Chief Risk Officer (CRO) Department, which comprises the Risk Management, Overdrafts and Personal Loans functions. He gained a Degree in Law in 1984 from the University of Milan and began his career at the Biletta & Mazzotti law firm. He then joined Sogen Fiditalia SpA, a consumer credit company, where he dealt with legal services and credit recovery. In 1989 he joined Deutsche Bank, where he assumed roles of increasing responsibility in the areas of loans, credit recovery and operational risk management for clients and traders, and became Head of the Risk Area of the Credit Card Division in 1997.In 2001, he joined FinecoBank as Director of Lending and, on the basis of his previous experience gained from 2002 to 2006, he was appointed as head of electronic money and member of the Italy VISA Board. In 2007, he became Head of the Risk Area and following FinecoBank’s acquisition by UniCredit, he took on the role of CRO responsible for setting up and developing activities for the verification of capital adequacy, the development of second level controls, and compliance with supervisory regulations, as well as the management of operational, reputational, market and credit risk.

Silvio Puchar

Head of Compliance

Andrea Pepe

Head of Legal & Corporate Affairs

Silvio Puchar

Head of Compliance

close

He is the Head of the Compliance Officer Unit, which also includes the anti-money laundering function. He graduated in Business Economics in 1989 from the Bocconi University of Milan and began his career as an Auditor specialising in finance and credit at KPMG SpA. In 1992, he joined Finreme Sim (former Cariplo Group), reaching the position of Head of Administration, Financial Reporting and relations with the Regulatory Authorities. In 1998, he joined Fin-eco Sim as Head of Audit, responsible for creating the internal audit function. From 2001 to 2005, he held the role of Head of Internal Audit of FinecoBank. In 2005, he was appointed as Head of Compliance of FinecoBank, responsible for overseeing the creation of the function, setting out its activities and processes. He is also Head of Anti-Money Laundering.

Andrea Pepe

Head of Legal & Corporate Affairs

close

He is Head of the Legal & Corporate Affairs Departments, which comprises the functions of Corporate Affairs, Legal Research, Complaints and Legal Affairs. He gained a Degree in Law in 1997 from the Sacro Cuore Catholic University of Milan and subsequently authorisation to practice the legal profession. He began his career at the Camozzi & Bonissoni Law and Tax firm, specialised in financial markets, banking and insurance law. In 2003, he joined FinecoGroup SpA, a sub-holding parent of FinecoBank, among others. He held increasingly important roles in the legal area to then become Head of the Legal Function in 2005. In 2006, he joined FinecoBank as Head of the Legal and Corporate Affairs Area. He oversees all aspects of legal advice and support for business and product development, also resulting from regulatory changes, as well as the establishment of the processes and activities designed to prevent legal disputes.


Shareholders' Meeting 2020

The Shareholders' Meeting is the body that represents the interest of all shareholders and expresses the corporate will through its resolutions.

The Shareholders' Meeting has the authority to pass resolutions in ordinary and extraordinary sessions with the meeting and voting quorums provided for by Law, taking into account the specific matters under review.

Among other things, the Ordinary Shareholders' Meeting approves the financial statements and resolves on profit distribution and appoints Directors and Statutory Auditors. It also appoints the independent auditing firm to perform the Independent Statutory Audit, setting its compensation. Moreover, it resolves on remuneration and incentivisation policies and practices provided for by prevailing regulations.

The Extraordinary Shareholders' Meeting has the authority to resolve on amendments to the Articles of Association, capital increase transactions, mergers and de-mergers.

Shareholders' Meeting documentation April 28, 2020

Documentation
Notice of call pdf
Excerpt of the Notice of Call pdf
Supplement to the Notice of Call pdf
Proxy form to the Designated Representative pdf
Ordinary proxy form pdf
Certification of Representative (Article 135-novies of the Legislative Decree no. 58 of February 24, 1998) pdf
Directors' Reports item of the Agenda of the Shareholders’ Meeting in Ordinary and Extraordinary Part pdf
Directors' Reports items 1 and 2 of the Agenda of the Shareholders’ Meeting in Ordinary Part – Report replaced on April 6, 2020 pdf
Information on the procedure for appointing the corporate bodies of FinecoBank pdf
Template ''Letter form for the submitting of lists for the appointment of members of the Board of Directors'' - Annex A pdf
Template ''Declaration form certifying the existence or absence of any relationship of affiliation'' - Annex B pdf
Template ''Acceptance Statement'' and relevant annex (“Statement concerning the knowledge / expertise accrued in the areas of competency envisaged by the document named Qualitative and quantitative composition of the Board of Directors of FonecoBank S.p.A.”) - Annex C pdf
Template ''Letter form for the submitting of lists for the appointment of Statutory Auditors'' - Annex A1 pdf
Template ''Declaration form certifying the existence or absence of any relationship of affiliation'' - Annex B1 pdf
Template ''Acceptance Statement'' - Annex C1 pdf
Privacy statement pursuant to UE Regulation no. 2017/679 - Annex D pdf
Qualitative and quantitative composition of the Board of Directors of FinecoBank S.p.A. pdf
Qualitative and quantitative composition of the Board of Statutory Auditors of FinecoBank S.p.A. pdf
Process for selecting candidates for membership of the Board of Directors pdf
List No. 1 BoD - List of the Board of Directors and proposal on the number of Directors and duration of their term of office pdf
List No. 1 BoD - Board of Directors selection process and introduction of the candidates pdf
List No. 2 BoD - List submitted by institutional investors pdf
List No. 1 Board of Statutory Auditors - List submitted by institutional investors and proposal on the remuneration of the Board of Statutory Auditors pdf
2020 Compensation Policy pdf
Annex I to 2020 Compensation Policy pdf
Annex II to 2020 Compensation Policy pdf
Reports and Accounts 2019 pdf
Report on Corporate Governance and Ownership Structures 2019 pdf

Other documents

Documentation
Side presentation relating to the 2020 Compensation Policy pdf
2019 Consolidated Non-Financial Statement - FinecoBank Group pdf
Votes summary report pdf
Minutes of the Shareholders' Meeting pdf

Shareholders' Meeting documentation February 18, 2020

Documentation
Notice of call pdf
Excerpt of the Notice of Call pdf
Proxy form and voting instructions to the Appointed Representative pdf
Ordinary proxy form pdf
Certification of representative (Article 135-novies of the LD no. 58 of February 24, 1998) pdf
Director's Report pdf
Information on the integration of the Board pdf

Other documents

Documentation
Votes summary report pdf
Minutes of the Shareholders' Meeting pdf

Shareholders' Meeting April 10, 2019

The Shareholders' Meeting is the body that represents the interest of all shareholders and expresses the corporate will through its resolutions.

The Shareholders' Meeting has the authority to pass resolutions in ordinary and extraordinary sessions with the meeting and voting quorums provided for by Law, taking into account the specific matters under review.

Among other things, the Ordinary Shareholders' Meeting approves the financial statements and resolves on profit distribution and appoints Directors and Statutory Auditors. It also appoints the independent auditing firm to perform the Independent Statutory Audit, setting its compensation. Moreover, it resolves on remuneration and incentivisation policies and practices provided for by prevailing regulations.

The Extraordinary Shareholders' Meeting has the authority to resolve on amendments to the Articles of Association, capital increase transactions, mergers and de-mergers.

Shareholders' Meeting documentation

Documentation
Notice of call pdf
Excerpt of the Notice of Call pdf
Proxy form and voting instructions to the Appointed Representative pdf
Ordinary proxy form pdf
Certification of representative (Article 135-novies of the LD no. 58 of February 24, 1998) pdf
Director's Report pdf
2019 Compensation Policy pdf
Annex 1 to 2019 Compensation Policy pdf
Annex 2 to 2019 Compensation Policy pdf
Termination payments policy pdf
Report on Corporate Governance and Ownership Structures 2018 pdf
Reports and Accounts 2018 pdf

Other documents

Documentation
Side Presentation relating to the 2019 Compensation Policy pdf
Votes summary report pdf
Minutes of the Ordinary Shareholders' Meeting pdf
Minutes of the Extraordinary Shareholders' Meeting pdf

Shareholders' Meeting 11 April 2018

The Shareholders' Meeting is the body that represents the interest of all shareholders and expresses the corporate will through its resolutions.

The Shareholders' Meeting has the authority to pass resolutions in ordinary and extraordinary sessions with the meeting and voting quorums provided for by Law, taking into account the specific matters under review.

Among other things, the Ordinary Shareholders' Meeting approves the financial statements and resolves on profit distribution and appoints Directors and Statutory Auditors. It also appoints the independent auditing firm to perform the Independent Statutory Audit, setting its compensation. Moreover, it resolves on remuneration and incentivisation policies and practices provided for by prevailing regulations.

The Extraordinary Shareholders' Meeting has the authority to resolve on amendments to the Articles of Association, capital increase transactions, mergers and de-mergers.

Shareholders' Meeting documentation

Documentation
Notice of call pdf
Excerpt of the Notice of Call pdf
Proxy form and voting instructions to the Appointed Representative pdf
Ordinary proxy form pdf
Certification of representative (Article 135-novies of the LD no. 58 of February 24, 1998) pdf
Director's Report pdf
Information for the filing of candidacies pdf
2018 Compensation Policy pdf
Annex 1 to 2018 Compensation Policy pdf
Annex 2 to 2018 Compensation Policy pdf
Report on Corporate Governance and Ownership Structures 2017 pdf
FinecoBank S.p.A. 2017 Reports and Accounts pdf
Candidacies for the completion of the Board of Statutory Auditors of FinecoBank pdf

Other documents

Documentation
Side Presentation relating to the 2018 Compensation Policy pdf
Votes summary report pdf
Minutes of the Ordinary Shareholders' Meeting pdf
Minutes of the Extraordinary Shareholders' Meeting pdf

Shareholders' Meeting April 11, 2017

The Shareholders' Meeting is the body that represents the interest of all shareholders and expresses the corporate will through its resolutions.

The Shareholders' Meeting has the authority to pass resolutions in ordinary and extraordinary sessions with the meeting and voting quorums provided for by Law, taking into account the specific matters under review.

Among other things, the Ordinary Shareholders' Meeting approves the financial statements and resolves on profit distribution and appoints Directors and Statutory Auditors. It also appoints the independent auditing firm to perform the Independent Statutory Audit, setting its compensation. Moreover, it resolves on remuneration and incentivisation policies and practices provided for by prevailing regulations.

The Extraordinary Shareholders' Meeting has the authority to resolve on amendments to the Articles of Association, capital increase transactions, mergers and de-mergers.

Shareholders' Meeting documentation

Documentation
Notice of call pdf
Excerpt of the Notice of Call pdf
Proxy form and voting instructions to the Appointed Representative pdf
Ordinary proxy form pdf
Certification of representative (Article 135-novies of the Legislative Decree no. 58 of February 24, 1998) pdf
Directors' Reports item 1, 2, 3, 4, 5 and 6 of the Agenda pdf
Information concerning the appointment of the Board of Directors and the Board of Statutory Auditors pdf
Template ''Letter form for the submitting of lists for the appointment of members of the Board of Directors'' - Annex A pdf
Template ''Declaration form certifying the existence or absence of any relationship of affiliation'' - Annex B pdf
Template ''Acceptance Statement'' and template ''Qualitative-quantitative profile statement'' - Annexes C e D pdf
Template ''Letter form for the submitting of lists for the appointment of Statutory Auditors'' - Annex A1 pdf
Template ''Declaration form certifying the existence or absence of any relationship of affiliation'' - Annex B1 pdf
Template ''Acceptance Statement'' - Annex C1 pdf
Directors' Reports item 7, 8, 9, 10, 11 and 12 of the Agenda - Ordinary Part and item 1 and 2 of the Agenda - Extraordinary Part pdf
2017 Compensation Policy pdf
Annex 1 to 2017 FinecoBank Compensation Policy pdf
Annex 2 to 2017 FinecoBank Compensation Policy pdf
Termination payments policy pdf
FinecoBank S.p.A. 2016 Reports and Accounts pdf
Report on Corporate Governance and Ownership Structures 2016 pdf
Candidacies for the appointment of the Board of Directors of FinecoBank S.p.A. pdf
Candidacies for the appointment of the Board of Statutory Auditors of FinecoBank S.p.A. pdf

Other documents

Documentation
Side Presentation relating to the 2017 Compensation Policy pdf
Votes summary report pdf
Minutes of the Extraordinary Shareholders' Meeting pdf
Minutes of the Ordinary Shareholders' Meeting pdf

Shareholders' Meeting 12 April 2016

The Shareholders' Meeting is the body that represents the interest of all shareholders and expresses the corporate will through its resolutions.

The Shareholders' Meeting has the authority to pass resolutions in ordinary and extraordinary sessions with the meeting and voting quorums provided for by Law, taking into account the specific matters under review.

Among other things, the Ordinary Shareholders' Meeting approves the financial statements and resolves on profit distribution and appoints Directors and Statutory Auditors. It also appoints the independent auditing firm to perform the Independent Statutory Audit, setting its compensation. Moreover, it resolves on remuneration and incentivisation policies and practices provided for by prevailing regulations.

The Extraordinary Shareholders' Meeting has the authority to resolve on amendments to the Articles of Association, capital increase transactions, mergers and de-mergers.

Shareholders' Meeting documentation

Documentation
Notice of Meeting pdf
Excerpt of the Notice of Meeting pdf
Proxy of the Company’s designated Representative pdf
Proxy pdf
Directors' Reports pdf
FinecoBank S.p.A. 2015 Reports and Accounts pdf
2016 Compensation Policy pdf
Report on Corporate Governance and Ownership Structures 2015 pdf
Summary report of the votes pdf
Minutes pdf

Shareholders' Meeting 23 April 2015

The Shareholders' Meeting is the body that represents the interest of all shareholders and expresses the corporate will through its resolutions.

The Shareholders' Meeting has the authority to pass resolutions in ordinary and extraordinary sessions with the meeting and voting quorums provided for by Law, taking into account the specific matters under review.

Among other things, the Ordinary Shareholders' Meeting approves the financial statements and resolves on profit distribution and appoints Directors and Statutory Auditors. It also appoints the independent auditing firm to perform the Independent Statutory Audit, setting its compensation. Moreover, it resolves on remuneration and incentivisation policies and practices provided for by prevailing regulations.

The Extraordinary Shareholders' Meeting has the authority to resolve on amendments to the Articles of Association, capital increase transactions, mergers and de-mergers.

Shareholders' Meeting documentation

Documentation
Notice of Meeting pdf
Proxy of the Company’s designated Representative pdf
Proxy pdf
Directors' Reports pdf
FinecoBank S.p.A. 2014 Reports and Accounts pdf
Compensation Policy 2015 pdf
Termination Payments Policy 2015 pdf
Report on Corporate Governance and Ownership Structures 2014 pdf
Summary report of the votes pdf
Minutes pdf

Franca Cavalieri D’Oro, Co-Head of Investor Relations
Gianluca Fontanella, Co-Head of Investor Relations investors@finecobank.com


Results

3Q20

Presentation of Financial Results 3rd quarter 2020
Milan, 9th November 2020 - 14:00 CEST
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

2Q20

Presentation of Financial Results 2nd quarter 2020
Milan, 31th July 2020 - 13:30 CEST
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2Q20

Financial results presentation 2Q20

1Q20

Presentation of Financial Results 1st quarter 2020 and presentation of Fineco UK
Milan, 11th May 2020 - 14:00 CEST
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 1Q20

Financial results presentation 1Q20

Fineco UK presentation

FY19

Presentation of Financial Results 2019
Milan, 11th February 2020 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2019

Financial results presentation 2019

3Q19

Presentation of Financial Results 3rd quarter 2019
Milan, 5th November 2019 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 3Q19

Financial results presentation 3Q19

2Q19

Presentation of Financial Results 2nd quarter 2019
Milan, 5th August 2019 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2Q19

Financial results presentation 2Q19

1Q19

Presentation of Financial Results 1st quarter 2019
Milan, 7th May 2019 - 09:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 1Q19

Financial results presentation 1Q19

FY18

Presentation of Financial Results 2018
Milan, 5th February 2019 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2018

Financial results presentation 2018

3Q18

Presentation of Financial Results 3rd quarter 2018
Milan, 6th November 2018 - 13:00 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 3Q18

Financial results presentation 3Q18

2Q18

Presentation of Financial Results 2nd quarter 2018
Milan, 31st July 2018 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2Q18

Financial results presentation 2Q18

1Q18

Presentation of Financial Results 1st quarter 2018
Milan, 8th May 2018 - 13:00 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 1Q18

Report on the transition to IFRS 9 Financial Instruments

Financial results presentation 1Q18

FY17

Presentation of Financial Results 2017
Milan, 6th February 2018 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2017

Financial results presentation 2017

3Q17

Presentation of Financial Results 3rd quarter 2017
Milan, 7th November 2017 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 3Q17

Financial results presentation 3Q17

2Q17

Presentation of Financial Results 2nd quarter 2017
Milan, 31st July 2017 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2Q17

Financial results presentation 2Q17

1Q17

Presentation of Financial Results 1st quarter 2017
Milan, 9th May 2017 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Press Release 1Q17

Financial results presentation 2017

FY16

Presentation of 2016 Financial Results
Milan, 7th February 2017 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2016

Financial results press presentation 2016

3Q16

Presentation of Financial Results 3rd quarter 2016
Milan, 8th November 2016 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italy: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number):1 855 2656959

Conference call

Database

Financial results press release 3Q16

Financial results press presentation 3Q16

2Q16

Presentation of Financial Results 2nd quarter 2016
Milan, 1st August 2016 - 13:00 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italia: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2Q16

Financial results press presentation 2Q16

1Q16

Presentation of Financial Results 1st quarter 2016
Milan, 9th May 2016 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italia: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 1Q16

Financial results press presentation 1Q16

FY15

Presentation of 2015 Financial Results
Milan, 8th February 2016 - 13:30 CET
Speaker: Alessandro Foti
Phone numbers: (interaction during the Q&A session)
Italia: +39 02 805 88 11 - UK: +44 121 281 8003
USA (toll number): +1 718 7058794
USA (toll-free number): 1 855 2656959

Conference call

Database

Financial results press release 2015

Financial results press presentation 2015

3Q15

Presentation of Financial Results 3rd quarter 2015
Milan, 10th November 13:30 CET
Speaker: Alessandro Foti

Conference call

Database

Financial results press release 3Q15

Financial results press presentation 3Q15

2Q15

Presentation of Financial Results 2nd quarter 2015
Milan, 30th July 2015 - 13:30 CET
Speaker: Alessandro Foti

Database

Financial results press release 2Q15

Financial results press presentation 2Q15

1Q15

Presentation of Financial Results 1st quarter 2015
Milan, 11th May 2015 - 12:30 CET
Speaker: Alessandro Foti

Conference call

Database

Financial results press release 1Q15

Financial results press presentation 1Q15

FY14

Presentation of 2014 preliminary Financial Results
Milan, 9th February 2015 - 12:30 CET
Speaker: Alessandro Foti

Conference call

Database

Financial results press release FY14

Financial results press presentation FY14

3Q14

Milan, 7th November 2014 – 12:00 CET
Speaker: Alessandro Foti

Conference call

Database

Financial results press release 3Q14

Financial results press presentation 3Q14

1H14

Milan, 1 August 2014 – 12:00 CET
Speaker: Alessandro Foti

Conference call

Database

Financial results press release 1H14

Financial results presentation 1H14

In the MEDIA Area you will find press releases, articles that talk about us and our contacts. Journalists can contact us for any further information needed.

Contacts area

Paola Spolini - Head of Identity & Communication
Welcome to the area reserved exclusively to journalists and media professionals. This section contains all the articles, news items and updates on Fineco in real time. If you need any information, you can write to:

mediarelations@finecobank.com +39 02 2887 2256

Sustainability at the heart of our strategy

Our business model is oriented towards excellence. It is inspired by principles of transparency and fairness aimed at creating sustainable long-term value for all our stakeholders.
Our work is based on passion, innovation and efficiency and on the quality of our people and services, always seeking to support the well-being of individuals and the advancement of local communities.

Our sustainable pillars

We founded Fineco on 3 main pillars: Efficiency, Innovation and Transparency.
The keys of our strategy, still leading our sustainable growth.

EFFICIENCY

Strong focus on IT & Operations, more flexibility, less costs.

INNOVATION

Anticipate new needs simplifying customers’ life.

TRANSPARENCY

Fairness and Respect for all our stakeholders.

Stakeholder Engagement

Stakeholders play a fundamental role in the Group’s growth. Engaging with them and understanding their needs allow the Group to pursue its objectives more responsibly and effectively.

Over the years Fineco has developed many initiatives that continuously involve stakeholders, so as to better manage relations with them and to engage stakeholders in its activities, enhancing their roles and potential.

  • Evaluation of customer satisfaction
  • Evaluation of brand reputation
  • Customer Care
  • Social Media
  • People survey on working life at Fineco and in the Group
  • Annual Performance Management for employees/ Talent Management Review for talent / Executive Development Plan for Executives
  • On-boarding of new hires, with support of managers, Human Resources and trade union organisations
  • Surveys on specific topics
  • Meetings
  • Conference call
  • Dedicated Platform
  • Specific meetings at different levels
  • Calls e web conferences
  • Workshops and dedicated working groups
  • Committes
  • Training activities
  • General Shareholders’ Meeting
  • Meetings with analysts, investors and proxy advisors
  • Investor Relations activities

Material topics

In 2018 Fineco carried out a structured process to define its material topics, with the support of ALTIS, Università Cattolica del Sacro Cuore of Milan. Based on the four principles set out by the GRI Sustainability Reporting Standards for defining the most significant aspects (materiality, inclusion of stakeholders, completeness of data, and context of the Group’s operations) a topic was found to be “material” if it was able to influence the decisions, actions and performance of the organization and its stakeholders.

Fineco identified 20 material topics, grouped into 8 macro-aspects, which represents the starting point of the sustainability path undertaken by the Group and the related goals definition.

The list of material topics was approved in 2018 and confirmed in 2019 by the Corporate Governance, Appointments and Sustainability Committee and the Board of Directors.

MACRO-ASPECT ASPECT
TRANSPARENCY
  • Fairness and transparency in offering products and services
PEOPLE DEVELOPMENT
  • Human resources management
  • Industrial relations management
  • Health and safety at work
  • Personnel training
  • Diversity and equal opportunities
  • Non-discrimination
EFFICIENCY AND STABILITY
  • Economic performance
CONTROL AND RISK MANAGEMENT SYSTEM
  • Risk management
ENVIRONMENTAL SUSTAINABILITY
  • Reduction of environmental impact (raw materials consumption)
  • Compliance with environmental laws and regulations
FAIRNESS
  • Anti-corruption
  • Prevention of anti-competitive behaviour
  • Socio-economic compliance
  • Protection of Customer Privacy
  • Clear approach to the markets
RESPONSIBLE FINANCE
  • Financial inclusion and education
  • Responsible products and investments
INNOVATION AND CUSTOMER EXPERIENCE
  • Innovation
  • Quality and Value

ESG goals

We are aware that our strategy, focused on stable and organic growth, must necessarily be accompanied by a progressive integration of environmental and social sustainability principles in our business and operational management choices.

Our first set of sustainability goals to be pursued in the years 2020-2023 has been approved by the Board of Directors on January 2020, and includes in addition to the definition or review of the main cross functional sustainability policies and the identification and integration of the main ESG risks in corporate risk management, the following areas of activity:

Human Resources

Diversity and equal opportunities

Monitoring the attention to the Gender Pay Gap issue; focus on issues such as the promotion of women in managerial roles, equalgender representation and the monitoring return from maternity leave is managed.


Implementation of an employee training and awareness plan on Diversity & Inclusion


Career development e Performance management

Continuation of the Performance management programme, aimed at all employees, following the exit from the UniCredit Group.


Evolution of the welfare plan

Implementation of initiatives related to flexible work (greater use), creation of employee areas (such as break areas),healthcare.


Engagement / Retention

Initiatives for consultations and turnover monitoring.

RESPONSIBLE FINANCE

Lending

Increasedproducts with social and environmental value within the mortgages and loans sector


Funds/ Investments

Introduction of ESG criteria in products evaluation. ESG evaluation extended to 100% of new FinecoBank Group funds


Promotion and design of new funds based on ESG criteria


Green and Social Bonds

Increased coverage of green and social bonds in FinecoBank’s portfolio

FINANCIAL EDUCATION/COMMUNITY SUPPORT PROJECTS

Financial Education

Promotion of specific training and awareness-raising courses on topics such as asset management, which will particularly involve targeted groups, such as young people


Training of Financial advisors

Provision of specific training activities on ESG issues for Financial advisors, in order to meet the demands of customers more sensitive to these issues and, at the same time, to promote sustainability among less interested customers.


Community Support

Allocation of annual investments in projects that benefit the community, according to different local needs (e.g.: schools, universities, hospitals and health and cultural associations) and allocation of natural disaster funds (to postpone mortgage and loans payments, and suspend debt collection actions for insolvent customers in the event of disasters or natural disasters)

SUPPLY CHAIN
Suppliers assessment on the basis of ESG criteria, through an initial self-assessment questionnaire1
SHAREHOLDERS

Strengthening the dialogue with socially responsible investors (SRI) and Sustainability Rating Agencies

Participation in external initiatives that support the company’s commitment to ESG themes (such as: Valore D and UN Global Compact)

ENVIRONMENT

Implementation of the Environmental Declaration

Energy consumption / emissions: monitoring of internal company consumption with the aim of reducing consumption and emissions

Company fleet: the modernisation of the car fleet with hybrid / electric cars (with the possibility of recharging in the parking lot of company offices)

Sustainable Mobility: refund of employees’ annual bike-sharing subscriptions, upon request (both in Milan and Reggio Emilia)

Material/waste management: reduction of plastic consumption by creating digital credit cards by 2020; replacement of plastic bottles by installing water dispensers and providing all employees with water bottles; purchase of recycled or certified paper and provision of separate collection facilities to all offices

1 The assessment will focus, for example, on compliance with environmental and occupational health and safety regulations, on the presence of a Code of Ethics and on possible certifications (ISO 14001, OHSAS 18001, SA8000, ISO 50001, ISO 37001).

For further details, please see the 2019 Consolidated Non Financial Statement of FinecoBank Group.

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