Financial statements for 9M FY 2018-19 approved as at 31/3/19
May 09, 2019

The results for 9 months confirm Mediobanca’s growth path in terms of revenues (up 5%). The recent partnership with Messier Maris et Associés enhances Mediobanca’s distinctive features within the European financial panorama and its ability to generate value and growth while maintaining a low risk profile and robust capital levels.

Further information here.

Francesco Grosoli appointed new Chief Executive Officer of Compagnie Monégasque de Banque
May 02, 2019

The Board of Directors of CMB has today appointed Mr Francesco Grosoli as Chief Executive Officer of the Bank, starting from 15 May 2019.

Mr Grosoli, aged 52, is an Italian citizen with consolidated international experience in private banking in outstanding institutions such as Barclays, HSBC, and BSI.

CMB’s Board of Directors would like to place on record its thanks to CEO Werner Peyer for his work since 2010. Mr Peyer will continue to work for CMB as a non-executive Vice President.

See the Press release.

Graduation ceremony of the Academy First Investment

Last October, CMB launched the first edition of the Academy First Investment in partnership with the International School of Monaco. Last week, 24 young students were awarded a diploma by Marie-Hélène Parisi, Director of the Academy, and Federico Limiti, Head of Private Banking of CMB, in recognition of their efforts and diligence. Prestigious awards were also offered to several students who distinguished themselves during the program by the performance of their virtual portfolios. 

Entirely taught in English, the ten sessions of the course allow a public of high school students to understand the functioning of the financial markets. In practice, they manage a virtual portfolio throughout the program, taking into account their risk profile and objectives. 

The training courses are led by CMB experts and follow in the footsteps of the Women and Finance Academy and of the Philanthropy Academy. 

From left to right: Federico Limiti, Head of Private Banking of CMB, Marie-Hélène Parisi, Director of the Academy First Investment, Xavier Pietra, Junior Investment Consultant, Werner Peyer, CEO. 

First edition of the Oceanographic Museum’s Festival

CMB is proud to be the official sponsor of the first edition of the Museum’s Festival on Saturday, April 27th 2019, at the Oceanographic Museum of Monaco.

This family event is an opportunity for everyone to discover the new space reserved for marine turtles, and to participate in many activities. 

To save time and avoid queues, you can buy your tickets directly on the museum's website by clicking on the following link: Ticketing

New module in the Women and Finance Academy program

A new module, entitled "Banking and New Technologies: the new fashion", enhances the curriculum of the Women and Finance Academy. 

Graduates of the first two sessions of the Academy were also invited to take this new module. 

Pascal Croiset, Head of Information Security at CMB, pictured here, spoke about cybersecurity and our bank's highly secure e-banking offer. Régis Marchewka, from the Sales Department of Refinitiv (formerly Thomson Reuters), then offered an introduction to the theme of blockchains and crypto-currencies. 

CMB is involved throughout the year with a female audience through the Women and Finance Academy, which offers the bank's clients a structured initiative and an academic curriculum around financial themes.

The evolving role of the Private banker

Mr Peyer, CMB’s CEO, was invited by the International University of Monaco to participate in a panel discussion on the changing role of the Private banker. 

Younger customers, open access to financial information, fintech and digitisation are some of the themes addressed during this inspiring morning for young students. 

Education is a theme dear to CMB, which is involved locally through the various academies set up by our bank.

Women in the spotlight at CMB

On the occasion of International Women's Rights Day on Friday, March 8, 2019, women who visit CMB today will be offered a rose. 

CMB is involved throughout the year towards a feminine audience with the Women and Finance Academy, through which CMB was able to demonstrate innovation by becoming the first Private Bank in Monaco to offer a structured initiative and an academic curriculum to its clients. 

CMB's stated objective is to enable its "students" to improve their financial culture and thus achieve a higher level of autonomy on wealth management and investment strategy issues. 

CMB named Best Private Bank in Monaco 2019

For the first time, CMB has just been recognised as Best Private Bank in Monaco 2019 by The Global Banking and Finance Review. 

This magazine is read in more than 200 countries and its website generates 9.2 million page views per year. It mainly targets business leaders, CFOs and decision-makers among the 500 largest American companies listed by the Fortune 500. 

This new award highlights Team CMB's efforts to offer customers the tailor-made service they deserve. 

For more information please visit: 

Asset Allocation Advisory: a matter for experts

Asset Allocation Advisory requires a step-by-step approach and involves several experts from different departments of CMB.

The Investment Consulting Unit, headed by Marie-Hélène Parisi, reinforces the Advisory Unit by providing additional information according to the investor's needs. 

With the Asset Allocation Advisory, the Private Banking Department, Management Department, Advisory Department, Investment Advisory Department, and private bankers, work together and regularly ensure that the portfolio matches the client's profile.

Euromoney 2019 Conference: the strength of universal banking

At the international conference "Euromoney and IMN 2nd Annual Global Private Banking Conference" held in London on 21 February 2019, Werner Peyer, CMB’s CEO, presented a strategic reflection on the organisation of a bank and highlighted in particular the many advantages of the universal banking model. 

Cooperation between divisions and subsidiaries of the same group, each of which has its own expertise in specific areas, makes it possible to offer a wide range of services to customers. In addition, this way of operating helps to support each client in all their financial needs, taking into account their life cycle. 

Werner Peyer underlines the strength of the Mediobanca Group in this field and points out that this organisational model had contributed to winning the Euromoney Best Private Bank in Monaco award.