Fabrizio Cerina

Fabrizio Cerina (born in Piacenza, Italy) is the chairman of international investment banking group Crédit des Alpes.

Fabrizio Cerina
OccupationInvestment banker
Years active1995 – present
TitleCrédit des Alpes Group, Chairman

Career

Cerina began his career by acquiring a 34% stake in Banque de Participations et de Placements, Geneva.[1] He later sold it to Lebanese buyer Al-Mashreg Bank.

Most of his career took place in Geneva (CH) and London (GB).[2][3] In 1982 he acquired Attel Bank, in which he invested CHF1.5 million (US$1.53 million), eventually listing the holding company on the Luxembourg Stock Exchange in 1987 at a value of approximately CHF130 million (US$132.6 million).[4]

In the 1990s Cerina was dubbed "a banker and a gentleman"[5][6] by Swiss and international press when, as the controlling shareholder of Attel Bank, he voluntarily refunded clients out of his own pocket after a rogue trader caused losses amounting to CHF45 million (US$46 million). The trader stole money from clients, as well as dealing in unauthorized junk bonds and NASDAQ securities.[1][6]

Cerina merged and developed the business into Crédit des Alpes, an investment bank that advises on large international transactions. The bank put together the US$4.2 billion acquisition by Vivendi (VIV:FP)[7] of Brazilian broadband market-leader company GVT in 2009 — then the largest world's telecoms deal.[8] [9]

References
  1. "First Person: Fabrizio Cerina". Financial Times (London, UK). 21 July 2013.
  2. "Private Equity, investors focused on Italy - Cerina (Crédit des Alpes): smaller transactions, but higher returns". archiviostorico-corriere.it.
  3. Stefano Righi (21 June 2022). "Private Equity, gli investitori puntano sull'Italia - Cerina (Crédit des Alpes): operazioni più piccole, ma rendimenti più alti". Il Corriere della Sera (Italy).
  4. Corrado Bianchi Porro (2 May 2021). "Finanza sostenibile in crescita". L'Osservatore (Switzerland).
  5. "The banker and gentleman lives in Lugano". NewsgateNY.com.
  6. "Il "banchiere gentiluomo" abita a Lugano". Il Messaggero (Italy). 25 October 1993.
  7. "Vivendi Company Profile Bloomberg". Bloomberg (28 March 2020).
  8. "Crédit des Alpes: Vivendi reprend GVT au Brésil (Crédit des Alpes leads on Vivendi deal to buy GVT in Brazil)". archiviostorico-corriere.it.
  9. "Crédit des Alpes: Vivendi reprend GVT au Brésil". L'Agefi (Switzerland). 3 December 2009.
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