Italian digital trading bank to debut in Germany as it reports Q1 growth for UK

Mark Battersby
clock • 2 min read

Italy-headquartered Fineco Bank flagged its plan to expand into Germany before the end of the year as it reported 8% client growth in UK. Premium trading and investing bank Fineco saw client numbers exceed 20,000 and year-on-year brokerage revenues in the UK close to doubling in Q1.   In the first three months of 2022, client numbers rose almost 8% - or by around 1,500 accounts - to 20,400. Client accounts were less than half that in December 2020. Meanwhile, at around €500,000, brokerage revenues in the first three months of the year were 95% higher than the corresponding period a...

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