Mediolanum Asset Management, the Irish asset management business that is part of the Mediolanum Group headquartered in Italy, has signed a deal with IT provider Misys to implement a front-to-back office solution that will underpin its business development plans. The latest IT development comes after the manager spent a number of years investing in data […]
The Bank of Italy has ordered former Italy’s PM Silvio Berlusconi to cut his share in the Mediolanum Group to 9.9%. The Fininvest Group, the financial holding company controlled by the Berlusconi family, was one of the founding partners of the Mediolanum Group and until yesterday owned 35.13% of the company. The Bank of Italy […]
Italy’s Banca Esperia, Banca Mediolanum and Mediobanca’s private bank, has gone through evolutionary times over the last year, at the end of which the CEO Andrea Cingoli (pictured) came up with a business development plan aimed at getting the bank growing more internationally and reshaping its functions . Since the beginning of 2014, Banca Esperia […]
Italy’s Banca Mediolanum is looking for a buyer for its 50% share in Banca Esperia, Massimo Doris, chief executive at the bank has confirmed.
Italian bank Mediobanca has appointed Christian Collin, Alessandro Decio and Bruno Ermolli as independent members to its Board.
Italian assets under management have reached €974bn in the first quarter of 2012, with a particularly positive performance of bond funds, according to a report published on May 16 by Assogestioni, the association of Italian asset managers.
Italian asset manager Mediolanum has posted a €178.6m net profit for the first quarter of the year, the company confirmed in a statement.
Italian asset manager Mediolanum has posted a 70% drop in its net profit for 2011, according to its annual report for 2011.
Foreign funds houses continue to build their stake in the management of Italian assets, at the expense of their domestic competitors. The increase is small but is part of a slow upward trend that has been developing over time.