We are a business built on people. Since our foundation, we have maintained a client-centric approach, meeting our clients’ needs and building trust through everything we do.
Established in 1946, we have always strived to offer our clients highly specialised, innovative services in financial advice, consumer credit and asset management. Renowned for specialisation, professionalism and discretion in our client relationships, we have earned an unrivalled reputation in Italy and a growing European recognition.
Since our foundation, we have blended tradition and innovation in all three of the Group’s areas of operation, each of which contribute equally to our performance as a business: investment banking, private banking, and wealth management.
years of history
years on the stock market
Our roots lie in investment banking, over time becoming the leader in Italy and a renowned European operator. We are now the preferred partner for businesses seeking to expand, grow internationally and raise financing. Over the last 10 years, we have developed a strong international presence, especially in Europe.
Through Compass Banca, we have also stood alongside Italian households for more than 60 years, helping them to realize their dreams. We were the first bank in Italy to offer consumer credit and are now among the leaders in a growing market.
The new Wealth Management division, the development of which is one of the priority objectives of our new 2016-19 strategic plan, builds on the Group’s strengths and combines Group companies according to their client base:
- Affluent and premier: served by CheBanca!, the multi-channel bank launched in 2008 to provide solutions for customers seeking innovative, transparent banking products, and which, through its acquisition of Barclays’ Italian operations, already has a strong positioning in the target client segment and is at the cutting edge in terms of technology,
- Private & HNWI: served by Banca Esperia (private banking), launched as a joint venture with Banca Mediolanum and now 100%-owned, Compagnie Monégasque de Banque (private banking), and Spafid (multi-family office and fiduciary business).
The division also comprises Mediobanca Asset Management, the product factory which Mediobanca intends to set up in order to serve the Group’s distribution networks, by leveraging on the existing capabilities: Cairn Capital (alternative AM), Duemme SGR (formerly Esperia), Compagnie Monégasque de Gestion (CMG, formerly CMB).
Over recent years, we have actively managed our equity portfolio, selling cross-shareholdings, exiting shareholders' agreements and disposing of non-strategic investments.