Fabrizio Cerina

Fabrizio Cerina (born in Parma[1]) 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.[2] He later sold his state in the bank to Lebanese buyer Al-Mashreg Bank.

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.

In the 1990s Cerina was dubbed "a banker and a gentleman"[1] 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.[2][1]

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)[3] of Brazilian broadband market-leader company GVT in 2009 — then the largest world’s telecoms deal.[4]

gollark: I think what might work better is some sort of loan thing?
gollark: There are *shops* (and groups of shops) which do, but they're not organized like companies.
gollark: They just jump straight to "stock exchanges are cool real life things, how do I make one". And ignore the older, duller, but still important stuff.
gollark: For example, if you buy stock in "GTech Stores", you'd expect to get dividends if I sell anything. But nobody has actually designed a mechanism for company krist accounts, paying dividends automatically, calculating profit, accounting and all that.
gollark: I think a key issue is that there's not really any mechanism for accounting and paying out profit.

References
  1. "Il "banchiere gentiluomo" abita a Lugano". Il Messaggero. 25 October 1993.
  2. "First Person: Fabrizio Cerina". Financial Times (London, UK) (21 July 2013).
  3. "Vivendi Company Profile Bloomberg". Bloomberg (28 March 2020).
  4. "Crédit des Alpes: Vivendi reprend GVT au Brésil (Crédit des Alpes leads on Vivendi deal to buy GVT in Brazil)". L'Agefi (Switzerland) (3 December 2009). Archived from the original on 6 December 2013.
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