Mediobanca

Mediobanca S.p.A.
Company typePublic
BITMB
FTSE MIB Component
IndustryFinancial services
Founded1946 (1946)
HeadquartersMilan, Italy
Key people
Renato Pagliaro
(Chairman)
Alberto Nagel
(CEO)
ProductsWealth Management, Corporate & Investment Banking, Consumer Finance [1]
Revenue€3.3 billion (2022-2023) [2]
€1 billion (2022-2023) [2]
Total assets€91,6 billion (2022-2023) [2]
Total equity€11,4 billion (2022-2023) [2]
Number of employees
5,227 (2022-2023) [2]
Websitehttps://www.mediobanca.com

Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli (at that time CEO of Banca Commerciale Italiana) and Enrico Cuccia to facilitate the post-World War II reconstruction of Italian industry. Cuccia led Mediobanca from 1946 to 1982. Today, it is an international banking group with offices in Milan, Frankfurt, London, Madrid, Luxembourg, New York and Paris.

As of today, Mediobanca Group is a diversified banking group consisting of four business divisions: Wealth Management, Corporate & Investment Banking, Consumer Finance and Insurance.[1] The Wealth Management area, whose launch in 2016 reshaped the group's strategy, recorded the highest growth rates in the second half of 2023[3] and is expected to become by 2026 the first business in terms of fee income and the second in terms of revenues.[4]

The company is listed in the FTSE MIB index of the Borsa Italiana and a member of the Standard Ethics Italian Banks Index.[5]

Mediobanca has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[6][7]

  1. ^ a b "Business model and divisions". www.mediobanca.com. Retrieved 2024-03-20.
  2. ^ a b c d e "Mediobanca BoD results for FY 2022-23 approved". www.mediobanca.com. Retrieved 2024-04-08.
  3. ^ Nova, Redazione Agenzia (2024-02-09). "Mediobanca: profit of 611 million in the 2023-2024 semester, shareholders over 10 percent". Agenzia Nova. Retrieved 2024-03-20.
  4. ^ Semeraro, Gianluca (May 24, 2023). "Mediobanca makes wealth management push to boost returns".
  5. ^ Paul Betts, Rome's conquest of Milan, with Europe to follow, Financial times, 14 giugno 2007.
  6. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  7. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.

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