Investing in Italy



Stefano Calderano, head of marketing in the Milan-based retail division of Banca Intesa, says that some bankers at the institution greeted his arrival at the bank last year with trepidation. After all, Calderano was adamant that his business would not simply use Intesa’s captive investment bank, Caboto, to structure retail investments. Instead, Calderano wanted to offer all leading investment banks the opportunity to work with him on developing products. And it’s a decision he stands by.


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