UBI Banca strengthens its presence on the financial markets. The credit institution starts the market making activity on the MTS cash Italia market. In this way, the banking group strengthens its position on the bond market, expanding the range of financial services offered to its customers, within the Corporate & Investment Banking – Global Markets department.
The objective of the lender is not only to expand the range of products offered, but also, in the future, to develop further products for domestic Corporate and Financial issuers, as well as Sovereign and Supranational.
The new business is part of the development of the Investment Banking area and aims to raise the level of service aimed at both national and international Financial Institutions customers, completing the primary secondary market chain.
In addition, the market making business will be able to rely on a new technological platform, entrusted to a dedicated team of 8 resources, between sales and traders, highly professional and with experience in the management of "Italian risk", with a large and diversified network by customer segment, in particular of Banks, Insurance Companies and Funds.
The Corporate & Investment Banking division of UBI Banca is an exclusive point of reference for the approximately 8 mid-corporate businesses and 700 large corporate customer groups of the bank for investment banking products and services. Currently the CIB division has approximately 250 professionals.
Marco Mandelli, Head of the Corporate & Investment Banking division of UBI Banca, he underlined how "with the development of Investment Banking services, UBI Banca improves the platform for accessing the capital market, allowing its customers to have increasingly diversified financial instruments at their disposal".
Mandelli also added that this new strategic initiative allows the Bank to have "an increasingly competitive positioning on the domestic and international market".
