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Corporate purpose
The purpose of the Company is to carry out banking activities and provide financial services. The Company may perform all activities that are directly or indirectly related to the purpose of the Company, as well as all activities that may promote the achievement of the corporate purpose. Such activities may be carried out on your own account or on behalf of third parties and include, but are not limited to, the following: (a) the acceptance of deposits of natural or legal persons, public or private, in all forms in use in banking business, including savings deposits; (b) the granting of loans …
The purpose of the Company is to carry out banking activities and provide financial services. The Company may perform all activities that are directly or indirectly related to the purpose of the Company, as well as all activities that may promote the achievement of the corporate purpose. Such activities may be carried out on your own account or on behalf of third parties and include, but are not limited to, the following: (a) the acceptance of deposits of natural or legal persons, public or private, in all forms in use in banking business, including savings deposits; (b) the granting of loans, secured and unsecured, of any kind, including the discounting and collection of bills of exchange and any other value paper; (c) the purchase and sale, on one's own account or on behalf of third parties, of securities of all kinds, cheques, foreign exchanges, precious metals and any type of financial instrument or product; (d) the provision of financial services under the Financial Services Act, in particular the purchase or disposal of financial instruments, the acceptance and transmission of mandates relating to financial instruments, the management of financial instruments (asset management), the formulation of personalised recommendations regarding transactions with financial instruments (investment advice) and the granting of loans to carry out transactions with financial instruments; (e) the provision of payment services of all kinds and the issuance of any type of means of payment; (f) the issuance of all kinds of guarantees, including sureties and letters of credit; (g) the subscription and placement of securities of issuers, in particular shares and units of investment funds, both domestic and foreign; (h) the custody and administration of financial instruments, as well as the custody and administration of any movable property and the rental of safe deposit boxes; (i) the execution of fiduciary transactions. The Company will not distribute insurance and pension products, but in the event of an explicit request by the client, it may propose a list of selected brokers. The Company may also purchase, manage, pledge and dispose of real estate for its own use. The Company may carry out, subject to the issuance of authorizations, licenses and/or permits required by local legislation, banking and/or financial activities abroad. Within the limits of the corporate purpose, the Company may, in Italy and abroad, open branches, establish branches, representative offices and companies of any kind and in particular establish and manage banking and financial institutions, as well as acquire, administer and control shareholdings, including on a fiduciary basis, in other companies and enterprises in Switzerland and abroad. The Company may participate in other undertakings, as well as carry out any commercial or financial activity and operation inherent, instrumental or useful to the pursuit, directly or indirectly, of the corporate purpose.
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