EMCC European Monitoring Centre on Change

Intesa SanPaolo

Company/Organisation:
Intesa SanPaolo

Geographic Location

Country: Italy

Company

Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed: 73101
Group: Intesa SanPaolo

Employment Effects

Announcement Date: 29-03-2009
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2009
Planned Job Creation: 1200

Additional Information

Banking group Intesa SanPaolo is to create 1,200 new jobs by the end of 2009. The company is to hire people aged under 30 for its commercial division. The new workers will be employed on either a four-year 'professional apprenticeship' contract or eighteen-month 'work entry' contract. Intesa San Paolo has around 73,000 employees in Italy and 108,310 worldwide.