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The Principality joins the international network of the Sohn Conference Foundation by organizing the first Sohn Monaco Conference, to be held on June 22, 2017 at 2.00 pm at the Monaco Yacht Club. The latter follows the mission and original model of the New York conference, which invites a panel of the most brilliant and talented hedge fund managers to each present an investment idea and share their vision of the financial markets. The funds collected at the end of this conference are donated to research against pediatric cancer.
The Sohn Conference Foundation honors the memory of Ira Sohn, a Wall Street professional who lost his fight against cancer at the age of 29. Since its establishment in New York in 1995, the Sohn Conference Foundation has raised $ 80 million by bringing together the international financial community for the fight against pediatric cancer and other diseases affecting children. The conference is now held annually in Hong Kong, London, Mumbai, San Francisco, Sydney, Tel Aviv, Toronto, now Monaco and soon Zurich.
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CMB is named « Best Customer Service Private Bank in Monaco » for the second consecutive year and « Monaco Banking Ambassador » for the first time by the international magazine « The European » in its prestigious 2017 awards.
« The European » magazine in collaboration with the Thomson Reuters Group, analyse in their annual Global Banking & Finance Awards the performance of banks and financial institutions. The winners are nominated through an online voting system where capacity to innovate, knowhow and quality of service are major considerations.
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The Sohn Conference Foundation announced the inaugural Sohn Monaco Conference, to be held on June 22, 2017 at the Monaco Yacht Club, further expanding the Sohn Investment Conference’s global network of conferences. The Conference will follow the model pioneered in New York City of convening top investors to share market insights while raising funds for Centre Hospitalier Princesse Grace in support of Sohn’s signature cause of pediatric cancer research and care.
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Why is Monaco attractive for wealth management?
Planet of Finance is happy to collaborate with CFM Indosuez Wealth Management for our traditional afterwork, in Geneva, on May 11.
Beyond Monaco’s glamorous image, we’re inviting you to discover opportunities in wealth management for you and your clients.
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CFM Indosuez Wealth Management has been named Best Bank of Monaco by Global Finance magazine in its 2017 ranking. This ranking was established for the 18th consecutive year in many countries around the world. Global Finance analyzes the performance of banks based on information not only from experts in the financial industry, but also from business leaders, investors... For its 2017 ranking, Global Finance has been particularly attentive to the capabilities of banks to innovate.
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On Thursday, the Minister of State, Serge Telle, received, in the presence of the authorities, the employees who obtained the Monegasque Professional Certification set up by the Princely Government, on the initiative of the Association Monegasque of Financial Activities (AMAF).
This mandatory certification system which came into force on May 2nd, 2014 aims at increasing the level of competence of the employees in Monegasque banks and asset management companies as well as the reputation of excellence of the place. This professional certification is intended for all employees of the Front Office, that is to say who are in contact with customers or markets as well as their direct managers. Since its creation, 225 professionals have been certified.
In his speech, Serge Telle stressed that " the excellence of the Monaco financial center is a priority. This excellence goes through three areas, on which AMAF directly intervenes: on one hand, the supervision, regulation and organization of the financial professions, guaranteeing know-how and legitimacy. On the other hand, a regular and targeted promotion of the Monaco place, in particular at the international level. Finally, and this is whatbrings us together today, competent professionals, who for many interlocutors are the real face of our financial center - and even of our Principality."
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On March 15, at the Le Cordon d'Or restaurant, Étienne Franzi, President of the Compagnie Monégasque de Banque (CMB) and Jean-Marc Deoriti, Principal of the Lycée Technique et Hôtelier of Monaco (LTHM) have renewed, for a period of three years, the strong commitment that has linked them since 2011, in the presence of Patrice Cellario, Minister of the Interior, Isabelle Bonnal, Director of the National Education, Youth and Sports and Werner Peyer, Delegate Administrator of the CMB.
Let’s recall that, in this context, the CMB ensures to welcome and train some of the LTHM students in the Banking sector. In addition, cooking and oenology classes as well as tasting sessions are offered by this prestigious high school to the CMB customers.
The Princely Government, through the Directorate of National Education, Youth and Sports, as well as the Presidency of the Compagnie Monégasque de Banque rejoice in this shared commitment, with strong values shared by the world of Education and the professional sector.
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In the context of the implementation of Act No. 1.425 of 6 May 2016 establishing a financial aid of the State facilitating the access of Monegasque students to the loan, the Princely Government and BNP Paribas Monaco signed a partnership agreement today.
Initiated by Mr Jean Castellini, Government Counselor-Minister of Finance and the Economy and Mrs Marie-Claire Capobianco, Director of BDDF (Retail Banking in France) and Member of the Executive Committee of the BNP Paribas Group, this partnership will help to meet the objectives of the Government of the Principality to assist Monegasque students throughout their higher education curriculum. This is the first banking establishment in the place to be "conventioned". Other partnerships should be concluded soon.
