Banker Federico Imbert, one of the best-known Italian figures in international finance over the past 40 years, has died. He was born in Naples 71 years ago to a family of noble origins and always remained attached to his hometown, maintaining his home where, when his work commitments around the world allowed it, he would stop several times a year. His banking career took him abroad early on with long years spent in positions of great responsibility at Chase Manhattan Bank in London and then in New York. When Chase merged with JP Morgan, he continued for years to manage major merger and acquisition transactions for the U.S. giant, including the OPA on Telecom Italia. He later moved to Credit Suisse. He was always convinced that Europe, in order to compete with the U.S. giants he knew well, had to create large industrial and financial groups that looked to the future. "We must be able to create pan-European samples even in sectors left to American domination until now," he said in an interview to Il Sole 24 Ore, "starting with technology and big data, now considered the oil of modern times”.
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