Mediobanca

Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli (at that time CEO of Banca Commerciale Italiana, the largest commercial bank in Italy which promoted its incorporation together with Credito Italiano) 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 Frankfurt, London, Madrid, Moscow, New York and Paris. Regarding its league table positions it is by far the most important investment bank in Italy.HistoryMediobanca was set up to provide medium-term financing for manufacturers and establish a direct relationship between the banking sector and the investment needs of the reorganization of industry after the devastation caused by World War II. The Banking Act of 1936 established a clear separation between short term and medium-to-long term financing and the major banks had opted for specializing in short-term loans and there was the institution that would deal with financing for the flotation of companies that wished to obtain a stock market listing. In addition to granting consolidated loans against certificates of deposit and savings books, Mediobanca developed its activity of placement of bonds and shares issued by Italian companies. The professionalism developed by the bank under the, some would say brilliant, guidance of Enrico Cuccia enabled it to quickly acquire a position of leadership in the field of investment banking in Italy. In the mid-1950s, Mediobanca entered into agreements with important foreign partners (Lazard Group, Berliner Händel-Gesellschaft, Lehman Brothers, Sofina) that enabled the bank to play a role on the international market and obtained a Stock Exchange listing in 1956.

Company Growth (employees)
Type
Public
HQ
Milano, IT
Founded
1945
Size (employees)
4,523 (est)
Mediobanca was founded in 1945 and is headquartered in Milano, IT

Mediobanca Office Locations

Mediobanca has an office in Milano
Milano, IT (HQ)
1 Piazzetta Cuccia Enrico

Mediobanca Data and Metrics

Mediobanca Financial Metrics

EUR

Market capitalization (22-Sep-2017)

8 b

Closing share price (22-Sep-2017)

9
Mediobanca's current market capitalization is €8 b.
Show all financial metrics

Mediobanca Market Value History

Traffic Overview of Mediobanca

Mediobanca Online and Social Media Presence

Mediobanca News and Updates

Monte dei Paschi bailout gets green light from Italian government

The Italian government has agreed to bail out the world's oldest bank, Monte dei Paschi di Siena, after it admitted it had failed to raise €5bn (£4.3bn) from private investors.  Paolo Gentiloni, the new Italian prime minister, announced in the early hours of this morning that the country will dip…

Monte dei Paschi's board is expected to approve state aid request

Monte dei Paschi di Siena announced today its plan to raise €5bn (£4.2bn) of capital by the end of the year had failed. The bank's board is now expected to approve a request for state aid when it meets later today. Italian parliament yesterday agreed to a bailout package of €20bn (£16.9bn) bai…

Barclays says arrivederci to retail in Italy with sale to CheBanca!

Banking giant Barclays today revealed it has completed the sale of its Italian retail network to CheBanca!, as it continues in its quest to ditch its non-core business. "I would like to take this opportunity to thank our colleagues in the Italian retail network and wish them well for the future,"…

Investment banks to earn pretty penny from Monte dei Paschi rescue

Investment banks are expected to pocket big fees from a proposed emergency plan for Italian lender Monte dei Paschi di Siena. The troubled bank recently revealed it was ironing out a €5bn (£4.2bn) rescue deal to bolster its capital with the help of Mediobanca and JP Morgan, although the deal is s…

Mediobanca Company Life and Culture

You may also be interested in