To focus on mid market segment (Il Sole 24 Ore Radiocor) - Milan, 08 Jul - The Italian bank Mediobanca said that it is opening a new branch office in Frankfurt to focus on corporate and investment banking advisory business in Germany, with a particular focus on the mid market segment, "which has been developed successfully in the last few years in Italy," it said.

The new office, which will be operative as from July 2024 with a newly-established team of 12 professionals, will provide M&A and debt advisory services to German companies, family-run firms and private investors in various sectors, primarily in the mid corporate segment, it added.

The new office will also enable Mediobanca to expand the range of services it offers, including cross-border M&A advisory activities, it said.

The Frankfurt branch will be headed by Wolfram Schmerl as branch manager and Christoph Handrup as co-head of Mediobanca Germany, both of whom will report to Lorenzo Astolfi, head of global mid corporate & sponsor solutions of Mediobanca.

Maximilian Rohardt will also be joining the German team, as head of debt advisory.

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(RADIOCOR) 08-07-24 19:39:35 (0625) 5 NNNN