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ArchiveJuly 1 2003

MCC: taking on Milan

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MedioCredito Centrale (MCC), part of Capitalia which was once Banca di Roma, is proud of its one-page, 10-commandment charter of values – something that sets it apart from its Italian competitors. Goldman Sachs is the model; client satisfaction is the bank’s main aim; teamwork its culture.

MCC was originally a Treasury-owned, medium and long-term credit institution, involved in businesses such as subsidised loans to industry and export credits. It became part of the Banca di Roma group on privatisation. It was bureaucratic, dull and hardly the stuff of investment banks.

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