CFM Indosuez Wealth Management has been named Best Bank in Monaco by Global Finance magazine for the third year running. The ranking covers over 149 countries around the world and recognises excellence in client service quality in highly volatile markets, and the publication of solid results while building a basis for sustainable growth. For its 2019 ranking, Global Finance focused on banks’ ability to take the lead in adopting the latest banking technology to transform their institutions into banks of the future.

The Board of Directors of CMB, chaired by Mr Etienne Franzi, has today appointed Mr Francesco Grosoli as Chief Executive Officer of the Bank, starting from 15 May 2019.

Mr Grosoli, aged 52, is an Italian citizen with consolidated international experience in private banking in outstanding institutions such as Barclays, HSBC and BSI. Mr Grosoli is well acquainted with the banking sector in Monaco, where he has lived since 1975, and has held a series of significant roles such as Head of HSBC Private Banking until 2007. In Barclays he has held positions of increasing responsibility, having most recently served as CEO of Barclays Private Bank EMEA and Monaco.

The appointment of Mr Grosoli is intended to promote significant growth by CMB and increased co-operation with the Mediobanca CIB division and AM platform as part of the increasing importance of Wealth Management activities within the Group as a whole.

CMB’s Board of Directors would like to place on record its thanks to CEO Werner Peyer for his work since 2010. Mr Peyer will continue to work for CMB as a non-executive Vice President.

The 3rd Sohn Monaco Investment Conference will be held on Thursday 6 June 2019 at the Monaco Yacht Club, under the High Patronage of H.S.H. Prince Albert II of Monaco. It will convene Europe’s leading hedge fund managers to present their most compelling investment ideas while raising critical funds to support the treatment and cure of pediatric cancer.

The Sohn Investment Conference honors the memory of Ira Sohn, a Wall Street professional who lost his battle with cancer at age 29. Since its creation in 1995, The Sohn Investment Conference has gathered the global financial industry for an exhilarating day of highly-anticipated market insights from the world's top investors. Through its Conferences, now in 11 cities across five continents, The Sohn Conference Foundation has inspired more than $85 million of charitable giving from the financial community.

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The Monaco Economic Board (MEB), Banque Populaire Méditerranée and Gramaglia Assurances organized a new conference "Country Risk: Analysis and Business Opportunities" led by Julien Marcilly, Chief Economist of Coface.

After taking stock of 2018, the year in which the economy underwent a general slowdown, Julien Marcilly underlines that capital has tended to take refuge in developed countries even though Italy has been affected by some investor mistrust.
This year of European elections highlights the political uncertainties hovering over the continent: skepticism towards institutions, Brexit but also pessimism. The indirect effects of environmental protectionism and the US-China trade war are expected to be particularly felt in 2019.

As for the developing countries, the risk weighs especially on those whose economy is turned to the outside as Turkey, Chile, some Eastern European countries or Africa where the tensions rise.

In conclusion, despite the uncertainties that weigh on 2019, Coface has improved the rating of 9 countries for a single degradation. Sign that the resilience capacity of the global economy is still conceivable.

2018 12 news cfm ferragut

Mathieu Ferragut has been appointed Chief Executive Officer of CFM Indosuez Wealth, a subsidiary of Indosuez Wealth Management Group and leading financial institution in Monaco, effective December 3, 2018.
Mathieu Ferragut joined Crédit Lyonnais in Singapore in 1996 as Project Manager, then became Chief Operating Officer (COO) for Asia. In 2000, he joined Crédit Lyonnais Miami subsidiary as Compliance Officer and COO.
In 2007, he was appointed Deputy Chief Executive Officer of CA Indosuez Wealth (Miami), and, in 2008, Chief Executive Officer.
He was managing the Indosuez Wealth Group's activities in the Americas since 2013 as part of his role as CEO of CA Indosuez Wealth (Miami).
Mathieu Ferragut is a graduate of ISC Paris and holds a postgraduate in Financial Markets and International Finance from the University of Aix-Marseille.

As part of its development in the Principality, Banque Havilland (Monaco) S.A.M. organized an evening in its premises located at the Monte-Carlo Palace, 7 boulevard des Moulins. Patrick Dauguet, General Manager, and Olivier Mailliard, Deputy General Manager, had the pleasure of welcoming some 200 guests who came to discover the works of the photographer Didier de Radiguès and the painter Gamze Emer.

In the presence of the Bank's shareholder and members of the Board of Directors, this event, reserved for its clients as well as many personalities of the Principality, promoted the values and services of this private bank, which is committed to providing its wealthy clients with a tailored service that meets their needs.

Proximity and personalized support, expertise and pragmatic views, are the assets of Bank Havilland to better serve a demanding local clientele.

2018 10 news cfm

On October 2, 2018, a morning meeting on the theme: "Managing business growth and transfer of companies, what are the challenges in the Principality? " was organized by the CFM Indosuez.

Aimed at the managers of the place, the meeting was spent in two stages.
The first one, dedicated to speaking out, was broken down into three round tables dealing respectively with the merger/acquisition of business activities, the resumption of a family business and the financing of growth and development of businesses in the Principality. A second  stage, more collaborative, allowed business leaders to exchange freely.

More than 300 family offices and 400 investors, business leaders from around the world attended the sixth World Summit organized in Monaco, from 27 to 29 June, under the high patronage of H.S.H. Prince Albert II of Monaco. The summit is often referred to as the Davos of Family Offices. Participants listened to presentations by more than 80 world-renowned speakers focusing on human values and environmental projects.

Two AMAF members were distinguished by the awarding of prizes:

  • Best Family Office Private Banker 2018: Compagnie Monégasque de Banque (CMB).
  • Best Family Office Fund Manager 2018: Groupe Financier de Gestion Monaco (GFG).