BSI SA

Opening of a subsidiary company of the BSI SA in Italy

    Lugano (ots) - BSI SA, the Swiss based asset management bank of the Assicurazioni Generali Group, active in Switzerland since 1873, is pleased to announce that Banca BSI Italia SpA started banking activities in Milan on April 2 2002.

    Banca BSI Italia SpA, with 40 employees and assets under management ¤ 1.4 billion, operates out of its main office in piazza Sant'Alessandro 4 Milan, where it has been operating as BSI SIM SpA for more than 11 years as well as from its new branch in Turin. This strengthening of BSI's structure in Italy is just one feature of the comprehensive expansion project which the Assicurazioni Generali Group is planning for its Private Banking activities which aim to successfully exploit both the Swiss banking tradition and the financial expertise that has always characterised BSI, the oldest bank in the Canton of Ticino.

    Banca BSI Italia SpA aims to offer to its clients outstanding service in wealth management providing high-quality international asset management customised services, with particular emphasis on individual portfolio management. Banca BSI Italia SpA provides a full range of banking, asset management and investment advisory services, including comprehensive personal consulting from estate planning to corporate finance advisory and assists its clients in M & A and real estate transactions.

    With 1000 employees worldwide and EUR 33 billion in assets under management, the BSI Group plays a leading role in international Private Banking. Through its network of branches and representative offices stretching across the major financial centres of Europe, North and South America and Asia, the bank enjoys direct relationships in the world major market places.

ots Originaltext: BSI SA
Internet: www.newsaktuell.ch

Contact:
BSI SA
Via Magatti 2
6901 Lugano
Phone +41/91/809'31'11    
Fax    +41/91/809'36'78



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