Arising from the merger of Banca Caboto and Banca IMI, historically two of the most important Italian financial institutions, the new Banca IMI was formed in October 2007 with the mission of helping its customers by offering first-rate products and services. With a 700-strong workforce, it operates in the areas of Investment Banking, Capital Markets and Structured Finance on the main domestic and international markets thanks to its offices in Milan and London and its fully owned subsidiary in New York, Banca IMI Securities Corp.. Banca IMI targets banks, companies, institutional investors, governments and public administrations. It is one of the leading Italian financial operators and has a strong presence in equity and debt placements, extraordinary finance and securities trading. Thanks to the numerous domestic and international relationships of the Intesa Sanpaolo group, it boasts a long-term leadership in Structured Finance: it supports the growth of domestic and international corporate clients through mid/long-term financing operations and has distinguishing expertise in financial advisory, particularly in the real estate sector, and in project & industry specialised lending.