Banca Mediolanum S.p.A. is an Italian bank, insurance and asset management conglomerate which is the parent company of Gruppo Mediolanum (Mediolanum Group).
|Banca Mediolanum S.p.A.|
|Formerly||Programma Italia Investimenti SIM|
FTSE MIB Component
|Headquarters||Basiglio, Metropolitan City of Milan, Italy|
|Services||Retail banking, life and non-life insurance, mutual funds|
|€249.8 million (3Q 2020)|
|Total assets||€87.6 billion (3Q 2020)|
|Total equity||€2.070 billion (2015)|
|Capital ratio||19.66% (CET1)|
|Footnotes / references|
Mediolanum Group was founded by Ennio Doris, the current second largest shareholders of the conglomerate. The conglomerate provided asset management, banking, insurances services to customers in Italy, Spain (as Banco Mediolanum and Fibanc) and Germany (Bankhaus August Lenz & Co.)
Despite being ranked sixth by market capitalization among financial services companies (behind Intesa Sanpaolo, UniCredit, Assicurazioni Generali, UnipolSai and Mediobanca in 2016), the conglomerate (Mediolanum S.p.A.) was ranked 13th by total assets among bank (2014 data), as well as much smaller in size by risk-weighed assets, thus the conglomerate (Mediolanum S.p.A nor Banca Mediolanum) was not included in the Single Supervisory Mechanism. However, after Banca Mediolanum reversed the merger with Mediolanum, the European Central Bank started a comprehensive assessment to assess the conglomerate and decided the conglomerate would not be included. Eventually, Banca Mediolanum remained as a less-significant bank, which would not be supervised by the European Central Bank directly.
The current CEO of the company is Massimo Antonio Doris.
- CONSOB Archived 2016-09-21 at the Wayback Machine data Accessed on 24 September 2016
- "2015 Bilancio Consolidato" [2015 Consolidated Annual Report] (PDF) (in Italian). Banca Mediolanum. 8 April 2016. Retrieved 1 May 2016.
- "LE PRINCIPALI BANCHE ITALIANE" (PDF) (in Italian). Ricerche e Studi. 10 November 2015. Retrieved 21 February 2016.
- "Aggregate report on the comprehensive assessment, October 2014" (PDF). European Central Bank. 26 October 2014.
- "ECB to conduct comprehensive assessment of four banks in 2016". European Central Bank. 10 May 2016. Retrieved 11 May 2016.
- "Annual assessment of significance brings number of banks directly supervised by the ECB to 127". European Central Bank. 21 November 2016. Retrieved 25 November 2016.