<ul>
<li>The European Central Bank (ECB) and FINMA approve the strategic partnership between Fideuram – Intesa Sanpaolo Private Banking and REYL & Cie</li>
<li>As part of the transaction, Fideuram – ISPB will merge its Swiss banking subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval into REYL & Cie, further enhancing its leading position in the Swiss banking market.</li>
<li>The resulting Geneva-based entity will retain the REYL & Cie legal name and count close to 400 employees, AUM approaching CHF 25 Bln (€ 23 Bln) and regulatory shareholders' equity of about CHF 210 Mln (€ 190 Mln)</li>
<li>The parties will release a new logo combining their respective brands</li>
</ul>