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
IndustryFinancial services
Founded
1982(as GI-FIN)
1999(as Fineco)
HeadquartersMilan, Italy
Key people
  • Alessandro Foti
    (CEO and General Manager)
  • Paolo Di Grazia
    (Deputy General Manager and Head of Global Business)
  • Fabio Milanesi
    (Deputy General manager and Head of It Operations, Customer Care)
  • Mauro Albanese
    (Deputy General Manager and Head of Network PFA & Private Banking)
Servicesonline brokerage
Revenue 1.238 million (2023)
€609 million (2023)
Number of employees
1,384 (2023)
Websitefinecobank.com

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

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

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.