Financial services activities, excluding insurance and pension funds / Other monetary intermediation
MC 98000, , Monaco
CMB Monaco is a leading private bank, based in Monaco, with unrivalled financial stability. Since its foundation in 1976, CMB Monaco has focused on providing quality private banking services to meet our clients’ needs with a one-stop-shop approach.
CMB Monaco’s offer is structured around private banking, investment management and financing, and comprises a wide range of investment products and tailor-made services available to our clients.
CMB Monaco 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 full control two years later.
CMB Monaco is now a founding part of the Mediobanca Group Wealth Management division. In the past few years, the WM division, which changed the group’s identity and profile, became a major fee contributor, generating almost 50% of total group fees.
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