Products and Services
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Michael Bonzon is Swiss. After a career in private banking and fifteen years with Crédit Suisse, twelve years ago he founded Aurelys, a company specialising in structured products. And five years ago, he left Switzerland and moved the Aurelys headquarters to Monaco.
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Mr Yannick Chagon, the new Chairman of the French Banking Organisation and Standardisation Committee (CFONB), assumed his duties after a career at Societe Generale, where he was in charge of payment services. He met the Monaco Association for Financial Activities (AMAF) on 10 June 2016.
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An important figure in Monaco's economy, Michel Dotta is the well-known president of one of the Principality's longest-established estate agencies, Dotta Immobilier. He is also president of the Monaco Chamber of Real Estate and the Town Planning Committee of the Social and Economic Chamber, as well as the Monaco Economic Board (MEB) and it is in this capacity that we asked him about new horizons within Monaco for the coming decades.
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Laurent Reiss has headed Union Bancaire Privée (UBP) in Monaco since 1 April 2015. He describes his career path and goals in a Group that has experienced remarkable growth in under 50 years.
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There is no question that lending is a crucial Private Banking (PB) service, whether or not customers choose to make use of it. In the financial sector in Monaco, the figures are significant, with total lending of more than twenty billion euros in 2014, a considerable proportion of which was accounted for by property loans and cash facilities.
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Philippe Guignard has managed the Monaco branch of Crédit Agricole since 2008. He shares with us his thoughts on the evolution of the financial centre, as well as his branch.
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CARAX, the stock brokerage firm, will soon celebrate the tenth anniversary of its operations in Monaco. Meet Stéphane Krief and Jean-Louis Didier, the company’s co-presidents.
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In March 2008, three finance and financial markets professionals joined forces to found G&G Private Finance S.A.M. Meet Giancarlo Giordano, President and CEO, who embarked on an entrepreneurial adventure after 16 years in private banking in Monaco with Crédit Suisse and Banque Rothschild.
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Mr. Werner Peyer has been Managing Director of the Compagnie Monégasque de Banque (CMB) since 2010. His multicultural approach and international career attracted the shareholder Mediobanca SpA, a major investment bank in Italy quoted on the Milan Stock Exchange. His mission is to “broaden the scope” of an institution based in Monaco since 1976 which is highly involved in the Monegasque economy.
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Since the practice of finance work usually requires perfect responsiveness, professionals expect guarantees of efficiency from telecom operators. This is the case in Monaco and elsewhere.
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One of the prime benefits of the Principality of Monaco is to provide an ideal framework for the safety of persons living or working there. Regarding assets and particularly works of art, it appears that Monaco has recently developed instruments allowing such people to ensure the safety of their assets, adapted to meet their wishes, in a favourable legal and tax framework.