OUR HISTORY
From our origins to the present day
On January 28, 1889, Juan Evangelista de Simoni established his first stockbroker’s office, without imagining the transcendence and projection it would have.
In 1913, Juan Carlos de Simoni and Antonio Piaggio became partners, and the firm began to operate under its current name De Simoni & Piaggio.
Then the decades go by and old qualified employees become part of the company.
Thus, in 1970, the company became integrated by Carlos Cabral de Simoni, a descendant of the first members of the firm. At that time, the company not only engaged in the stock exchange and foreign exchange business, but also in foreign trade.
They can assure without a doubt that it was one of the oldest exchange bureaus in the country with more than forty direct lines, thus connecting the supply and demand of banks and exchange bureaus in the market.
This century-old company faces the future with renewed strength and a vocation for information and advice, which have always been its usual characteristics.
Today, the fifth generation of the De Simoni family continues.
More than 135 years of growth
Some milestones in our trajectory

1889
De Simoni & Piaggio Foundation
On January 28, 1889, Mr. Juan Evagelista de Simoni established in Montevideo his first stockbroker’s office in Montevideo.

1907
First financial crisis

1930
The Great Depression
10/24/29 Black Thursday

1950
Uruguay champions of the Maracana World Cup

2002
The most complex banking crisis in Uruguay’s history.

2008
Collapse of the U.S. housing market
Due to the financial crisis of 2007-2008 and the subprime mortgage crisis.

2020
COVID-19 epidemic
1889
1907
1930
1950
2002
2008
2020
1889

1889
De Simoni & Piaggio Foundation
On January 28, 1889, Mr. Juan Evagelista de Simoni established in Montevideo his first stockbroker’s office in Montevideo.
1907

1907
First financial crisis
1930

1930
La Gran Depresión
10/24/29 Black Thursday
1950

1950
Uruguay champions of the Maracana World Cup
2002

2002
The most complex banking crisis in Uruguay’s history.
2008

2008
Collapse of the U.S. housing market
Due to the financial crisis of 2007-2008 and the subprime mortgage crisis.
2020

