Fabrizio Cerina is chairman of Swiss investment group Crédit des Alpes. He has over 20 years' experience in investing capital and raising funds on behalf of institutional clients and family offices. During his career he has advised on or invested in over 250 transactions valued at more than US$25 billion, mainly in the real estate, telecoms and industrial sectors. Cerina was dubbed "a banker and a gentleman" by the Swiss and international press when, as the controlling shareholder of Attel Banking Group, he voluntarily refunded client losses caused by the criminal actions of a rogue trader, amounting to CHF45 million (US$46 million), out of his own pocket. Cerina lives in Switzerland and Spain.
The solution chosen by Fabrizio Cerina to reimburse all creditors of one of his companies, Attel & Co., is the most expensive but also the one which kept his good name clean: he gradually injected 42 millions of his own money to refund all the creditors. A real première for Switzerland.
Source: L'AGEFI | Date: 15th October 1993 Read more
Jan. 16 (Bloomberg) -- Swiss bank Crédit des Alpes SA said it formed a real estate venture with three Miami companies as the U.S. housing market recovers. Crédit des Alpes will partner with Domus One Group LLC, Parinvest Asset Management and Location 3 LLC...
First Person: ‘I repaid my clients’ fraud losses out of my own pocket’
As told to Brooke Masters
I bought my first bank in 1980 or 1981. I had this dream because my grandfather had owned a bank and lost it in the Depression.
Vivendi SA, owner of the world’s largest music company, gained control of GVT (Holding) SA by purchasing a majority stake and began a mandatory bid for the rest of the shares, trumping a competing offer by Telefonica SA.
According to Le Parisien, Crédit des Alpes, a Swiss merchant bank, would have proposed 65 millions euros to purchase the PSG. Its majority shareholder, Colony Capital, which is looking for a new partner, doesn't have however the intention to sell its shares.
MILAN – Swiss newspapers have dubbed him a "banker and gentleman", dedicating several front pages to him. But beyond the flattering portraits, Fabrizio Cerina is indeed a protagonist of a rare case, unique even.