Banca Leonardo was an Italian independent investment bank until its merger with Indosuez Wealth Management in 2019. Based in Milan, it operated through its own brand and through its subsidiaries with a focus on the wealth management business in Italy.
History
Banca Leonardo S.p.A. was founded in Milan in October 1999.
In April 2006, a group of leading European investors acquired and recapitalised Banca Leonardo with the purpose of creating the first private and independent investment bank in Italy and becoming the market leader through consulting services, a long-term individual approach, value-added services, professionalism, and expertise.
In July 2007, Banca Leonardo acquired a stake in Toulouse & Associés, a French investment bank led by Jean-Baptiste Toulouse and Jean Peyrelevade.[1] It then acquired the rest of the shares it did not own in Toulouse & Associés in September 2008.[2]
In October 2015, the group sold its investment bank activities in Belgium, Germany, Italy and Spain to Houlihan Lokey.[3]