The Intesa Sanpaolo banking group owns and operates a number of subsidiaries that enable it to respond to market demand and to position itself in different product and service segments. These subsidiaries include Banca IMI, Banca Apulia, Cassa di Risparmio, Carisap, Banca Nuova, Cassa del Risparmio del Veneto and Banca Fideuram. The group also frequently acquires new subsidiaries.