Mediobanca plots advisory, mid-cap push
Mediobanca’s plan for the next four years involves boosting advisory origination and using capital more efficiently in its corporate and investment bank (CIB). It is also committed to issuing a sustainability themed bond.
The Italian bank revealed its 2019-2023 strategic plan on Tuesday. It expects to boost annual CIB revenues to €800m over the period (total revenue over the past four quarters was €618m) and return on allocated capital by one percentage point to 16%.A key part of this involves ...
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