FinecoBank : Board of Directors approved the constitution of an Irish asset management company

Today, FinecoBank's Board of Directors approved the launch the project aimed at the constitution of a new Irish Asset Management Company, fully owned by the Bank.

The project aims at further strengthening the competitiveness of FinecoBank through a vertically integrated business model, and to diversify and improve the Bank's offer. The Asset Management Company will offer UCITS products, with a strategy focused on the definition of strategic asset allocation and on the selection of the best asset managers.

The start of the project is subject to all the approvals/authorizations envisaged by the relevant regulations, also within the Parent company..

FinecoBank

FinecoBank is UniCredit Group's direct multichannel bank. It has one of the largest financial advisors' network in Italy*, and is the number one broker in Italy for equity trades in terms of volume of orders**. FinecoBank offers an integrated business model combining direct banking and financial advice, with a single free-of-charge account including banking, credit, trading and investment services, also available through applications for smartphone and tablet. With its fully integrated platform, FinecoBank is the benchmark for modern investors.

*Source: Assoreti

**Source: Assosim

Contatti:

Fineco - Media Relations Fineco - Investor Relations

Tel.: +39 02 2887 2256 Tel. +39 02 2887 3295

mediarelations@finecobank.cominvestors@finecobank.com

Barabino & Partners

Tel. +39 02 72023535

Emma Ascani e.ascani@barabino.it

+39 335 390 334

Tommaso Filippi t.filippi@barabino.it

+39 366 644 4093

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