Unione Fiduciaria S.p.A. – Società Fiduciaria e di Servizi delle Banche Popolari Italiane (literally Fiduciary Union) is an Italian custodial bank that specialized in custodial services.

[3] In 2016 Unione Fiduciaria acquired Istifid, which was owned by Banco di Desio e della Brianza, Credito Valtellinese, Canova Investissements, Allianz Bank Financial Advisors S.p.A., Banco Azzoaglio and others.

[4] After the deal Credito Valtellinese and Banco Desio increased their stakes in Unione Fiduciaria.

[5][6] Istifid acquired Aperta Fiduciaria, a wholly owned subsidiary of Credito Valtellinese in 2013.

[7] In 2013 UBI Banca sold all its stake (10.501%) for €3.4 million.