MILAN, Dec 3 (Reuters) - Italy's Mediobanca hashired a veteran banker to strengthen the corporate andinvestment banking business it hopes to grow rapidly over thenext three years.
Stefano Marsaglia will join Mediobanca's office in London,where he currently works for Barclays after 17 years atindependent investment bank Rothschild.
Mediobanca said on Tuesday it wanted to increase thewholesale revenues it makes from corporate and investmentbanking by 30-45 percent by the end of 2016.
The investment bank, which has sat at the centre of a web ofcorporate holdings since it was founded in 1946, aims to makeLondon the hub for its capital markets business.
Marsaglia's appointment "confirms Mediobanca can attractexperienced bankers to support its international expansion,"said one banking sector analyst who asked not to be named.