CMB is a leading private bank, based in Monaco, with unrivaled financial stability.
Since its creation in 1976, CMB has focused on providing quality private banking services to meet our clients’needs with a one-stop-shop approach.
CMB’s offer is structured around three core businesses: private banking, investment management and financing, and comprises a wide range of investment products and tailor-made services available to our clients.
CMB was originally created as a Monegasque «boutique» bank by several major international banks jointly with local investors. Today it is wholly owned by Mediobanca SpA, a Specialized Financial Group listed on the Milan stock exchange (included in the FTSE MIB benchmark index), which acquired an initial stake of 34% in 2002 and reached the full control two years later, in 2004.
CMB is now a founding part of the Mediobanca Group Wealth Management division that accounts for circa. 25% of Group’s revenues with Total Financial Assets of € 64bn (as at 30 June 2018), and whose continued development represents one of the primary drivers of Mediobanca’s medium term strategic plan.
CMB’s mission is based on three core ideas that reflect our strong convictions relating to the private banking business. Above all, client focus and experience are at all times the prime concerns for each and every member of its staff. Secondly, CMB strives to create a work environment that allows the staff to provide excellent client service. Lastly, CMB ensures that it provides top-quality products and services. Private banking requires CMB to deal with complex issues that call for coordinating different areas of expertise within the Bank, the Mediobanca group and sometimes from external sources.