MB WM composition by business (€bn)

 

Immagine1

 
  • In last 3Y Group AUM/AUA size more than doubled (from 16bn to €34bn) driven by internal growth (additional €8bn) and acquisitions (Cairn and Barclays¹, additional €11bn)
  • Fee from WM¹² up to 35% of Group fee income, the latter now more diversified, stable and visible

¹Barclays expected to be consolidated from Sept16
²Sum of CheBanca!, Barclays, Cairn Capital and Private banking