Fideuram - Intesa Sanpaolo Private Banking takes full ownership of REYL ISP
5 February 2026
Fideuram – Intesa Sanpaolo Private Banking has acquired the remaining 24% stake in REYL Intesa Sanpaolo, securing full ownership of the Swiss-based bank.
The transaction marks a strategic step in reinforcing Intesa Sanpaolo’s presence in Switzerland and accelerating the international development of its private banking and wealth management activities through a fully integrated governance structure.
The transaction confirms Intesa Sanpaolo’s long-term commitment to the Swiss market, leveraging specialised expertise, a global network and synergies with the Group’s other platforms.
Governance changes and CEO appointment
The new Board of Directors appointed Riccardo Barbarini as Chief Executive Officer, subject to approval by the Swiss Financial Market Supervisory Authority (FINMA).
Riccardo Barbarini will lead the next phase of development, focusing on continuity of management and strategic integration within Intesa Sanpaolo’s international wealth management framework.
His professional background includes the international coordination responsibilities within Fideuram – ISPB since 2021.
Implications for growth and international expansion
Full ownership of REYL enables Intesa Sanpaolo to accelerate the expansion of its activities in Switzerland and international markets, strengthening its service offering for private and high-net-worth clients.
Clients will continue to benefit from high service standards, while employees will be able to rely on a clear strategic direction and the ongoing support of Intesa Sanpaolo.
The transaction represents the natural evolution of the bank’s strategic journey and aligns with the long-term growth objectives of Intesa Sanpaolo’s Private Banking Division.
Related items:
Last updated 5 February 2026 at 18:32:00
