4 Members in 4 Countries. Each Member firm maintains its independence and unique identity while focusing its research mainly on domestic companies, both big caps and small & mid caps alike.
Banca Akros
GVC Gaesco Valores
Caixa - Banco de Investimento
CIC Market Solutions
Member's name: Banca Akros S.p.A.

Country: Italy

Address: Viale Eginardo 29, 20149, Milan

Founded (year): 1987 (transformed in bank in 1997)

Member of ESN since: Beginning of ESN

N. employees: 250


Main shareholders: Banco BPM

Business profile: Investment & Corporate bank of Banco BPM group

Business areas: Equity Research, Brokerage, Corporate & Institutional Banking, Global Markets and Investment Banking
Member's name: GVC Gaesco Valores S.V.S.A.U.

Country: Spain

Addresses: C/- Fortuny 17, 28010, Madrid

Founded (year): 1971

Member of ESN since: ESN Founding Partner

N. employees: 138


Main shareholders: GVC (Holding Company)

Business profile: GVC Gaesco is the leading independent, integrated financial service company in Spain. GVC Gaesco Valores is one of the 4 entities that form part of the Group

Business areas: Equities Capital Markets. Institutional Equities Sales and Trading. Research. Web Equity & Fixed Income Services. Primary and Secondary Equities Markets Access and Execution. Wealth Management, Private Banking and Insurance Brokerage
Member's name: Caixa - Banco de Investimento S.A.

Country: Portugal

Address: Avenida João XXI, 63, 1000-300, Lisbon

Founded (year): 1984

Member of ESN since: 2000

N. employees: 164


Main shareholders: Caixa Geral de Depósitos, S.A.

Business profile: Investment banking services company of Caixa Geral de Depósitos Group

Business areas: Equity Capital Markets; Debt Capital Markets; Corporate Finance – Advisory; Project Finance; Structured Finance; Brokerage; Corporate Advisory and Risk Management; Venture Capital/ Private Equity; Research
Member's name: Crédit Mutuel Alliance Fédérale - CIC Market Solutions

Country: France

Address: 6 Avenue de Provence, 75441, Paris Cedex 09

Founded (year): 1991

Member of ESN since: 2000

N. employees: 250


Main shareholders: Crédit Mutuel-CIC Group

Business profile: Commercial Market Activities and securities solutions of CIC (Crédit Industriel et Commercial) operating under the brand CIC Market Solutions. CIC is an entity of the CréditMutuel-CIC group (65,000 employees, EUR571bn in assets under management, shareholders' equity EUR36bn, A+ rating (BFCM))

Business areas: Secondary Market Solutions (execution services and direct sales), Primary Market Solutions (DCM, ECM, services to issuers, financial communication), Investment Solutions (structured EMTN: CIC, Stork acceptance; Cigogne: UCITs, alternative), Depositary Solutions (securities account-keeping, UCITS depositary), Global Research (Economics & Strategy, Equity research, Credit research)