The Compagnie Monégasque de Banque (CMB), a branch of Mediobanca, obtained for its subsidiary « CMB Wealth Management LTD) the license from the Financial Conduct Authority in the UK, enabling it to offer wealth management and mortgage advisory services.
CMB Wealth Management Ltd, drawing on the expertise of Mediobanca and CMB, will cater for high-net-worth clients in the British capital, in particular those with UK resident non-domiciled status.