Franco-Italian nexus gets its own bankers LJucca
Mediobanca said on April 11 it had agreed to acquire a 66 percent stake in French investment banking boutique Messier Maris & Associes.The Milan-based investment bank said the acquisition would increase its group fees by 8 percent. Mediobanca earned annual net commission income of 622 million euros in the year ending June 2018.
Mediobanca expects the deal to boost its earnings per share by 2 percent. The bank earned 864 million euros after tax in the year to June 2018.
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