Intesa Seeing Quicker Expansion in Wealth Management: CEO Messina

The video discusses the significance of wealth management in generating income, especially in a negative interest rate environment. It highlights the strategic focus on converting deposits into assets under management, particularly in Italy, where there is a substantial growth opportunity. The challenges of expanding outside Italy and the importance of maintaining client relations to mitigate negative interest rates are also covered.

What percentage of gross net income is coming from wealth management?

What unique opportunity is mentioned regarding wealth management in Italy?

How much wealth is estimated to be converted into asset under management in Italy?

What is the main concern for growth in wealth management outside of Italy?

What approach is suggested for converting deposits into wealth management products?