Mediobanca Corporate Presentation · Gasd of 100% of Stogit and Italgas June2009 Financial Advisor...
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Mediobanca Corporate Presentation March 22nd 2010 Politecnico di Milano
Transcript of Mediobanca Corporate Presentation · Gasd of 100% of Stogit and Italgas June2009 Financial Advisor...
Mediobanca Corporate Presentation
March 22nd 2010Politecnico di Milano
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History and mission of Mediobanca
1950s: supporting growth of leading Italian groups outside Italy
1956: listing on Milan stock market (the first banking group listed after the war)
Trustee business via Spafid (1951), followed by consumer credit with Compass (1960) and leasing with Selma(1970)
Founded after World War II by Banca Commerciale Italiana, Credito Italiano and Banco di Roma, the three state-owned “banks of national interest”
Mission: to support the rebuilding of the Italian industry through supply of medium/long-term financing andadvisory services to enterprises
Key role in supporting Italian industry restructuring: MB became “house bank” for major Italian industrials
By mid-1970s MB’s equity investment portfolio included Generali (4.5%), Fiat (2.5%), Montedison (2.5%), Olivetti(5%), Pirelli & C. (3.3%) and Fondiaria (10%)
1988: MB privatisation and core shareholder’s agreement between banks (25%) and private enterprises (25%) setup
Industrial restructuring in late ’90s was followed by a boom of privatisation deals and IPOs, in which MB confirmedits leadership position.
MB International, operating in international capital markets set up in 1990
Residencial mortgages business started up with Micos (1992)
Increase in size of equity investment portfolio (Generali 14%)
Private Banking business entered with Banca Esperia (2001) and CMB (2003)
New management team (2003) and strategy refocused on banking activities
CIB activities internationalized with the opening of branches in Paris (2004), New York (2006), Madrid (2007),Frankfurt (2007) and London (2008)
Creation of the third domestic operator in consumer lending with the acquisition of Linea (2007)
Retail banking started with Che Banca! (2008)
1946
Foundation
1950s-70s
Development
1970s-80s
Restructuring of Italian industry
1990s –early 00s
Italian largest privatisations
Recent years
Diversifications
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Leading corporate and investment bank
Integrated and
profitable
business model
Sound
capital base
High free capital
generation
Qualified
shareholder base
Valuable equity
investment portfolio
Unique corporate
culture
Independent
management team
Excellent asset quality
High cost efficiency
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Mediobanca Group: business model
Mediobanca’s business model is organized around three main business areas: Corporate & Investment Banking (CIB),
Principal Investing (PI), and Retail & Private Banking (RPB)
CIB: integrated offering which includes credit products, advisory services, and capital markets services and products
PI:includes minority/majority stakes in listed/unlisted corporates of medium/large size which Mediobanca invests in with a
view to assisting them in their plans for growth over the medium term.
RPB: focused on the Compass-Linea combination, plus launch of the new retail platform
Cross-fertilization between CIB and Private Banking: corporate relations originate contacts for private banking, and vice versa
Business and risk diversification achieved through Retail & Private banking and PI
* Adopted on March 08 with 09/011 Plan approval
Mediobanca Group
Large/mid corporates
Principal Investing Retail & Private BankingCorporate &
Investment Banking
Capital Markets
Advisory
Lending Equity Investment Portfolio
Merchant Banking
Private Equity
Special Opportunities
Retail Banking
Consumer Credit
Private Banking
Retail
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Mediobanca Group: key figures
* Fiscal year closes at the end of June
Mediobanca Group (€ m) June 07 June 08 June 09
Revenues 1.783 2.098 1.776
of which banking activities 1.139 1.427 1.612
of which equities 644 671 164
Profit before taxes 1.187 1.154 91
of which banking activities 545 490 380
of which equities 642 664 (289)
Net Profit 959 1.013 2
RWA (€ bn) 50,1 55,1 52,7
Net Equity (€ bn) 6,8 5,7 5,7
Tier 1 ratio 12% 10% 10%
Rating AA- AA- AA-
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An integrated approach to clients
Flexibility to combine industry and product expertise
Client-driven approach: products and services are tailored to clients’ needs
Mediobanca GroupMediobanca SpA
Product Teams
IndustryTeams
Financial Institutions Groups
Branded Goods and Industrials
Energy
Infrastructure
Real Estate
Telecommunications, Media & Technology
Corp
ora
te
Fin
ance
Pri
vate
Equit
y
Pri
vate
Bankin
g
Reta
il F
inancia
l
Serv
ices
Capit
al M
ark
ets
Lendin
g &
Levera
ged F
inance
R&
S
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Increasing international presence
France
Germany
Spain
U.K.
U.S.A
MonacoRome
Milan
Madrid
Paris
FrankfurtLondon
Direct presence
Brokerage activity set up in New York in 2007
Branch in Paris set up in 2004
Lending and investment banking activities
Branch in Madrid set up in autumn 2007
Lending and investment banking activities
Branch in Frankfurt set up in mid 2007
Lending and investment banking activities
Capital market platform set up in London in spring 2008
CMB: stake owned since 1989, fully owned since 2004
Leader player in private banking
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Wholesale Banking- Corporate Finance
A motivated team of client-focused professionals
organized by Industry Teams
A track record of 60 years of unparalleled
achievement and long-term relationships with major
Italian groups
Proven capability in providing a comprehensive
service
Unique understanding of domestic industrial,
regulatory, legal and tax environment
Excellent relationships with major international
financial institutions, such as investment banks,
commercial banks, private equity funds, etc.
EnergyFinancial
Institutions Groups
Infrastructure Real EstateBranded Goods and Industrials
TMT
Corporate Finance
Debt
Restructuring
Strategic
objectives
Shareholders’
Agreements
Corporate
RestructuringMergers &
Acquisitions
Divestitures &Spin-offs
Financial &
Benchmarking
Analysis
Joint-Ventures& Partnerships
Relationships with
Authorities
Corporate
Valuations
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M&A: major deals in 2008-2009
Leadership in M&A confirmed not only by the size and importance of the deals, but also the high degree of coverage in terms of industries
Acquisition by Permira of Valentino Fashion Group
February 2008
Financial Advisor to the Acquiror
€ 4.6bn
Acquisition by Fratelli Canessa (CLN Group) of ITLA-Redaelli
Tecna Laminati and Falck Acciai-CNS from Falck SpA
February 2008
Financial Advisor to the Acquiror
Value undisclosed
Acquisition by Helicapital Inversiones Aereas of
Elilario Italia from Gemina
February 2008
Financial Advisor to the Seller
€ 155m
Repurchase of stake of Pirelli Tyres through the acquisition of Speed Spa from primary institutions
March 2008
Financial Advisor to the Seller
€ 835.5m
Acquisition by Mediobanca, through Compass, of Linea
from Banche Popolari
June 2008
Financial Advisor to the Acquiror
€ 405m
Dismissal by Edison of 7 CIP6 power plants in Italy (6 to Cofatech Servizi and 1
to Seci Energia)
April 2008
Financial Advisor to the Seller
€ 200m
Acquisition by ENEL SpA of the outstanding 62.85% of OGK-5
March 2008
Financial Advisor to the Acquiror
€ 2,5bn
Contribution to the RE fund Scarlatti and Scarlatti
Fund’s units placement to institutional investors
July 2008
Financial Advisor to Generali Immobiliare
Italia SGR
€ 1,400m
Acquisition by Fintecna Immobiliare of a real estate portfolio through Valcomp
Due Srl
June 2008
Financial Advisor to the Acquiror
€ 203m
October 2008
Bancassurance agreement with disposal of 70% of Chiara
Vita to Helvetia
Financial Advisor to Banco Desio
Value undisclosed
Acquisition by Sammontana of 100% share capital of
GranMilano from Barilla Holding
June 2008
Financial Advisor to the Acquiror
Value undisclosed
Acquisition by Investitori Associati of Alberto Aspesi &
C. SpA
May 2008
Financial Advisor to the Acquiror
€ 113m
Acquisition by Finmeccanica of 100% of DRS Technologies
Inc.
May 2008
Financial Advisor to the Acquiror
€ 3.4bn
Acquisition by Fintecna of a 1.5% stake in Airfrance
previously held by Alitalia
March 2008
Financial Advisor to the Acquiror
€ 78.8m
Barieditrice Srl acquired a 30% stake in
Editrice del Sud SpA owner of the newspaper
“La Gazzetta del Mezzogiorno”
April 2008
Financial Advisor to the Acquiror
€ 36m
Voluntary Public Tender Offer launched by
Fintiles on 49.928.242 Marazzi shares
July 2008
€ 357m
Acquisition by IGI funds of a 20% stake in Tecnopali
Group
July 2008
Financial Advisor to the Seller
€ 152mDismissal by Telecom Italia of
100% of Alice France(TI French broadband
operations)
June 2008
Financial Advisor to the Seller
€ 800mln
Acquisition by Candover of a 40% stake in Technogym
October 2008
Financial Advisor to the Seller
€ 1bn
Acquisition by ENI of the primary gas operator in
Belgium
October 2008
Financial Advisor to the Acquiror
€ 4.8bn
Acquisition by Finmeccanica of 11.1% of Eurotech
May 2008
Financial Advisor to the Acquiror
€ 18m
Disposal of Newlat SpA by Parmalat to TMT Finance
May 2008
Financial Advisor to the Seller
€ 28m
May 2008
Fariness opinion on
Investindustrial’s takeover
Financial Advisor to Ducati
€ 390m
August 2008
Acquisition of 100% of Chemial Group SpA by Polynt SpA from 3i fund and other
investors
Financial Advisor to Polynt
€ 18m
March 2008
Investindustrial takeover on Polynt
Financial Advisor to the Acquiror
€ 273m
August 2008
Atel’s acquisition of a 30% stake of
M&A Rinnovabili
Financial Advisor to the Acquiror
Undisclosed value
BDH tender offer on 15% of Mariella Burani Fashion Group
October 2008
Financial Advisor to the Acquiror
€ 78m
October 2008
Acquisition by Il Sole 24Ore of 70% of Esa Software
Financial Advisor to the Acquiror
€ 70m
Sole Financial Advisor
Disposal of Buitoni Pasta Secca business by Nestlé Italia Spa
June 2008
Financial Advisor to the Seller
Value undisclosed
Acquisition by Landi Renzo S.p.A.
of 100% of Lovato Gas S.p.A.
July 2008
Financial Advisor to the Acquiror
€ 63m
May 2008
Acquisition by a Consortium of banks of 184 branches
from UniCredit Group
Financial Advisor to the Consortium
€ 747m
January 2008
Contribution of Liguria Assicurazioni and Merger of Sasa and Sasa Vita in Milano
Assicurazioni
Financial Advisor to Fondiaria SAI
€ 325m
MBO of the Blue SkyeInvestment Group and
constitution of Blue SkyeSpecial Opportunities Fund L.P.by a consortium lead by IDeA Alternative Investments and
DeA Capital
December 2008
Financial Advisor toBlue Skye
€ 250m
Acquisition by Terna of 19,000km of high voltage
grid from Enel
December 2008
Financial Advisor tothe Seller
€ 1,152m
Acquisition by Bain Capital P.E. and Clessidra of a
majority stake in Centrale dei Bilanci and Cerved
December 2008
Financial Advisor toClessidra
€ 535m
Merger between ACSM Como S.p.A. and AGAM Monza
S.p.A.
December 2008
Financial Advisor toAGAM Monza S.p.A.
Value undisclosed
Acquisition by Cattolica Assicurazioni of 51% of BCC
Vita
Pending
Financial Advisor to the Acquiror
€ 44m
Acquisition by Dolomiti Energia of hydroelectric
assets through the purchase of a 51% stake in two Newcos (owned by Enel and Edison)
March 2009
Financial Advisor to the Acquiror
€ 460m
Banca Popolare di Milano’s tender offer on Anima
March 2009
Financial Advisor to the Acquiror
€ 114m
Acquisition of CartaSì byIstituto Centrale Banche
Popolari
Pending
Financial Advisor to the Acquiror
€ 139m
Acquisition by Enel of 25% stake in Endesa from
Acciona
June 2009
Financial Advisor to the Acquiror
€ 11,1bn
Acquisition by Aifrance of a stake in Cai/Alitalia
February 2009
Financial Advisor to the Acquiror
€ 323mDismissal by
I Viaggi del Ventaglio of Livingston
to 4 Fly
February 2009
Financial Advisor to the Seller
€ 44m
Merger betweenItalcementi and Ciment
Français
Pending
Financial Advisor toItalcementi
€ 420m
Merger among Generali, Alleanza Assicurazioni and
Toro Assicurazioni
Pending
Financial Advisor toGenerali
€1,805mTender offer by Banco Popolare SC on Banca
Italease
Pending
Financial Advisor toBanco Popolare
€ 175m
Debt restructuring of
Ferretti SpA by Mediobanca
and creditors
Pending
Financial Advisor toMediobanca and creditors
€ 830m
Merger among Enìa and Iride
April 2009
Financial Advisor to the Enìa
Value undisclosed
May 2009
Financial Advisor to the Acquiror
Acquisition by A2A
of a 15% stake in EPCG
(electirity utility of
Montenegro)
Vaue undisclosed
Dismissal by Endesa of 2.105MW of wind power and
hydroelectric plants toAcciona
June 2009
Financial Advisor to the Endesa
€ 2.9bn
Acquisition byMetalmeccanica Tiberina of
Wagon Automotive Spol
June 2009
Financial Advisor to the Acquiror
€ 10m
Dismissal by Enel of 80% of Enel Rete Gas to F2i and
AXA Private Equity
May 2009
Financial Advisor to the Enel
€ 1.5bn
Acquisition by Snam Rete Gasd of 100% of Stogit and
Italgas
June 2009
Financial Advisor to the Snam Rete Gas
€ 4.7bn
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Wholesale Banking - Lending & Structured Finance
Handles loans to corporates, generally medium-to-
long term
Responsible for transactions involving a considerable
degree of financial leverage and limited recourse to
the originator
Syndicated Loans
Financial support to exporters of goods and services
to non-Italian counterparties
Support analysis of credit-related exposure to
counterparties and their respective creditworthiness
Involves preparing schemes for major contracts and
arranging the requisite lending package
Lending and Structured
Finance
Corporate lending
Leveraged finance
Loan sales
Export financeCredit analysis
Project finance
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Syndicated Loans: major recent transactions in 2005-2009
The role of Bookrunner always entails the status of Mandated Lead Arranger
June 2005
Mandated Lead Arranger
€ 6bn
Revolving Credit
Facility
September 2005
€ 490m
TLF & RCF
Bookrunner
August 2005
€ 650m
Acquisition Financing
Bookrunner
August 2005
€ 9bnTLF & RCF
Bookrunner
€ 2bnRevolving Credit
Facilities
August 2005
Mandated Lead Arranger
€ 5bn
Revolving Credit
Facility
November 2005
Bookrunner Bookrunner
€ 395,4m
Acquisition
Financing
September 2005
€ 500m Term Loan Facility
November 2005
Bookrunner
€ 250m
TLF & RCF
December 2005
Bookrunner
€ 550m
TLF & RCF
March 2006
Bookrunner
€ 500m
TLF & RCF
December 2005
Bookrunner
€ 750m
Revolving Credit
Facility
April 2006
Bookrunner
€ 300m
Revolving Credit
Facility
April 2006
Bookrunner
€ 500m Term Loan Facility
October 2006
Bookrunner
€ 1,400m TLF & RCF
September 2005
Mandated Lead Arranger
Transalpinadi
Energia
€ 35bn
Term Loan Facilities
Bookrunner
April 2007
€ 1,280m
Acquisition Financing
Bookrunner
March 2007
€ 2bn
TLF & RCF
Bookrunner
March 2007 February 2007
€ 365m
Senior and Subordinated
Facilities
Sole Bookrunner
January 2007
€ 555m
Senior and Second Lien
Credit Facilities
Bookrunner
€ 200m
Term Loan
Facility
December 2006
Bookrunner
April 2005
Mandated Lead Arranger
€ 2,000m
TLF & RCF
May 2005
Mandated Lead Arranger
€ 8bn
Revolving Credit
Facility
May 2005
Mandated Lead Arranger
€ 4.5bn
Revolving Credit
Facility
May 2005
Mandated Lead Arranger
€ 2,620mAcquisition Refinancing
February 2006
Mandated Lead Arranger
€ 2,418m
Acquisition Financing
December 2007
€ 275m
Term Loan Facility
Bookrunner
December 2007
€ 1,476m
Acquisition Financing
Bookrunner
June 2008
€ 110m
Term Loan Facilities
Mandated Lead
Arranger
June 2008
€ 3.2bn
Term Loan Facilities
Bookrunner
April 2009
€ 8bn
Term Loan Facilities
Bookrunner
December 2008
€ 3.1bn
Term Loan Facilities
Bookrunner
April2008
€ 268m
Senior Credit Facilities
Bookrunner
June 2008
€ 275.6m
Project Financing
Bookrunner
June 2008
€ 850m
RCF
Bookrunner
August2008
€ 1,250m
Acquisition Financing
Bookrunner
December 2008
€ 360m
Term Loan Facilities
Bookrunner
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Wholesale Banking - Capital Markets
Structures and places
equity offerings, e.g. in the form of IPOs and
rights issues
debt securities such as bonds and/or asset-backed
securities issued by corporate or financial clients
debt-based products (structured and
unstructured) for the bank's own funding
purposes
Covers all regulated markets (trading-floor and
screen-based) and non-regulated markets (OTC) on
which financial assets are traded subsequent to their
issues
Develops morning notes and brief comments on key
company events for investors requiring information at
short notice; full-length studies on individual
companies
Manages risk exposure deriving from banking
activities
Equity Capital Markets (ECM)
Equity and Fixed income sales
Equity, Fixed income and Derivatives
trading
Equity and Fixed income Research
Risk Management
Debt Capital Markets (DCM)
Capital Markets
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Share placements: deals co-ordinated since 1997
Mediobanca has handled large-size share placements such as privatizations and deals involving small/medium-size companies with clear business vision
Joint Global Coordinator,
Bookrunner, Sponsor
2005
€ 53,7mABO
(shares)
Joint Bookrunner
2006
€ 430mABO
(shares)Joint Global Coordinator, Joint
Bookrunner, Co-Sponsor
2006
€ 302,7mIPO
(shares)Joint Global Coordinator,
Bookrunner and Sponsor
2006
€ 468mIPO
(shares)
Sole Global Coordinator,
Bookrunner, Sponsor
2005
€ 34mIPO
(Shares)
Joint Global Coordinator,
Bookrunner, Sponsor
2006
€ 231,4mIPO
(shares)Joint Global Coordinator, Bookrunner,
Joint Listing Partner
2006
€ 131,27m
IPO (shares)
Global Coordinator and Bookrunner
2006
€ 315,4m
IPO(shares)
Global Coordinator and Bookrunner
2006
€128.17m
IPO(shares)
Joint Global Coordinator and Joint Bookrunner
2006
€ 286.3m
IPO(shares)
Global Coordinator, Sole Bookrunner,
Sponsor
2006
€ 167.9m
IPO(shares)
2007
ABO(shares)
Sole Bookrunner
€ 153.3m
2007
ABO(shares)
Sole Bookrunner
€ 25.1m
Joint Global Coordinator, Joint
Bookrunner, Sponsor
2007
€ 1,242m
IPO(shares)
2007
IPO(shares)Global
Coordinator, Bookrunner,
Sponsor
€ 98.8m
2007
IPO(shares)
Global Coordinator, Bookrunner,
Listing Partner
€ 122m
2007
IPO(shares)
Joint Global Coordinator, Joint
Bookrunner, Sponsor
€ 184m
2007
IPO(shares)
Joint Global Coordinator, Sponsor and Specialist
€ 151,5m
IPO(shares)
Sole Global Coordinator, Sole
Bookrunner, Sponsor
€ 414.1m
2007
IPO(shares)
Joint Global Coordinator, Joint
Bookrunner, Sponsor
€ 250,3m
2007
IPO(shares)
2007
Global Coordinator, Sole Bookrunner, Listing Partner
€ 38,5m
ABO(shares)
2007
Sole bookrunner
€429m
IPO(shares)
Joint Global Coordinator, Joint
Bookrunner, Sponsor
€ 210m
20072008
IPO(shares)
€ 3.6m
Joint Global Coordinator, Joint Bookrunner, Listing
Partner
2009
IPO(shares)
€ 7.6m
Global Coordinatorand
Bookrunner
2004
ABO(shares)
Sole Bookrunner
€ 136m€ 289,6m
ABO(shares)
2004
Joint Bookrunner
2005
Joint Global Coordinator,
Bookrunner, Sponsor
IPO(shares)
€ 160m
Bookrunner
2005
€ 86,6m
ABO(shares)
Sole Bookrunner
2005
€ 190m
IPO(shares)
Joint Global Coordinator,
Bookrunner, Sponsor
2004
€ 1,700mn
IPO(shares)
Advisor to Marzotto and Financial Sponsor to Valentino Fashion
Group
2005
€ 1,851mSpin off from
Marzotto and IPO
Joint Bookrunner
2005
€ 568m
ABO(shares)Global Coordinator,
Bookrunner and Sponsor
2005
€ 104mIPO
(Shares)Joint Global
Coordinator and Bookrunner
2004
€ 7.636m
Secondary offering
Joint Global Coordinator and
Bookrunner
2005
€ 4,101m
Secondary offering
2002
Joint Global Coordinator and
Bookrunner
€ 276m
Secondary offering(shares)
Sole Bookrunner
2004
€ 651m
ABO(shares) Financial Advisor to
Apax Venture Partners,
Bookrunner
2004
€ 299mIPO
(shares)
Global Coordinator, Bookrunner and
Sponsor
2001
IPO(shares)
€ 61m
Joint Global Coordinator,
Bookrunner, Sponsor
2000
IPO(shares)
€ 630m
Global Coordinator, Bookrunner and
Sponsor
2000
IPO(shares)
€ 121m
Joint Global Coordinator,Bookrunner
2001
IPO(shares)
€ 228m
Joint Global Coordinator,
Bookrunner, Sponsor
2002
IPO(shares)
€ 375m
Joint Global Coordinator,
Bookrunner, Sponsor
2002
IPO(shares)
€ 358m
Joint Global Coordinator, Bookrunner, Co-Sponsor
2001
IPO(shares)
€ 86m
Joint Global Coordinator and
Bookrunner
1999
€ 261m
IPO(shares)
Joint Global Coordinator and
Bookrunner
1997
€ 1,966mSecondary offering(shares)
Joint Global Coordinator and
Bookrunner
1997
€ 9,787mSecondary offering(shares)
Joint Global Coordinator and
Bookrunner
1998
€ 445mSecondary offering(shares)
Joint Global Coordinator and
Bookrunner
1998
€ 2,655m
Secondary offering(shares)
Joint Global Coordinator and
Bookrunner
1999
€ 16,550m
IPO(shares)
2000
€ 5,505mSecondary offering(shares)
Joint Global Coordinator and
Bookrunner
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Mediobanca positioning
Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m)
Mediobanca 37,944 Citi 131,615 Mediobanca 43,348 Mediobanca 21,054
Rothschild 23,469 Merril Lynch 126,946 Merril Lynch 26,525 Morgan Stanley 17,116
Goldman Sachs 18,368 Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811
Morgan Stanley 17,546 Credit Suisse 105,217 Morgan Stanley 25,009 JP Morgan 16,724
Lehman Brothers 16,289 JP Morgan 78,992 Goldman Sachs 22,951 Goldman Sachs 15,024
2006 2007 2008 2009
Source: Thomson Financial /DealogicAll rankings are by Mediobanca fiscal year, end of June
M&A (announced deals)
Equity issuance
Syndicated loansbookrunners
Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m)
Mediobanca 4,121 Mediobanca 1,843 Mediobanca 2,087 Mediobanca 2,576
Morgan Stanley 2,802 Goldman Sachs 893 Goldman Sachs 1,143 Intesa SanPaolo 1,988
Credit Suisse 1,991 Lehman Brothers 822 Credit Suisse 823 JP Morgan 1,829
Goldman Sachs 1,757 Unicredit Group 549 Merril Lynch 618 Morgan Stanley 642
Deutsche Bank 1,471 Intesa SanPaolo 513 Intesa SanPaolo 528 UBS 521
2006 2007 2008 2009
Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m)
Mediobanca 5,628 Intesa SanPaolo 14,744 Intesa SanPaolo 4,755 BNP Paribas 3,081
Citi 3,430 Unicredit Group 11,187 RBS 3,803 Intesa SanPaolo 2,893
UniCredit Group 3,383 Mediobanca 8,969 BNP Paribas 2,512 Mediobanca 1,822
Intesa SanPaolo 3,362 UBS 7,000 Unicredit Group 2,288 Mitsubishi UFJ 1,442
BNP Paribas 3,346 BSCH 7,000 Mediobanca 1,793 BBVA 1,442
20092006 2007 2008
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Profile required
Studies
business studies
technology
Specific area of expertise
business strategy
process analysis
technology
Studies
business studies & economics
business law
Specific area of expertise
financial accounting
corporate valuation
debt products
business law
Studies
economics
statistics & mathematics
Specific area of expertise
financial mathematics
econometrics
financial markets & products
Corporate FinanceLending & Structured Finance
OperationsCapital Markets
Personal skills
Ethics
Professionalism and rigour
Teamwork
Flexibility, speed and efficiency
Discretion and confidentiality
Customer-focused
Ability to work under pressure
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Contacts
Mediobanca S.p.A.
Human Resources
Piazzetta E. Cuccia, 1 – 20121 Milan
Tel: +39 02 8829 282
Fax: + 39 02 8829 267
E-mail: [email protected]
http://www.mediobanca.it
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