CFM Indosuez Wealth Management

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CFM Indosuez Wealth Management was established in 1922 under the name Crédit Foncier de Monaco. It is a subsidiary of Indosuez Wealth Management.[1] CFM Indosuez Wealth Management is the leading Monegasque global bank, with 5 agencies, almost around 400 employees and a trading room.[2] Created in 1987, CFM Indosuez’s trading room is the first in the Principality and the Côte d’Azur, allowing real-time trading on international trading platforms.[3] In the 2000s, the company made local mergers:

  • the Monaco branch of Sudameris Bank is bought in 2004
  • the local business of Citibank and Crédit Lyonnais are integrated in 2004
  • the Monaco HSBC is bought in 2016

Management

In December 2018, Mathieu Ferragut was appointed chief executive officer.[4]

Patronage

CFM Indosuez is a sponsor of the Les Ballets de Monte Carlo.[5]

References

  1. "CFM Indosuez governance".
  2. "CFM Indosuez célèbre ses 100 ans au Musée océanographique". 15 June 2022.
  3. CFM-Indosuez : « Le seul acteur bancaire avec un ancrage local », L'Observateur de Monaco, 9 September 2021
  4. "Press release: Mathieu Ferragut appointed Chief Executive Officer of CFM Indosuez Wealth". 3 December 2019.
  5. "Les Ballets de Monte Carlo partners".