Epi's directory now in shops.

Compagnie Monegasque de Banque (CMB) has opened a branch in Switzerland.

Recent changes made by European countries have paved the way for Monaco to become more transparent.

The Credit Foncier de Monaco (CFM) has been voted the best private bank in Monaco in the 2009 Euromoney private banking survey.

The survey was carried out last year between July and October. It took into account banks' key statistics relating to wealth management operations, but also asked frontline staff to rate other banks in their country.

Once a student has completed the baccalaureat, he or she will often look to France or further afield to take up a university education. One alternative to leaving the Principality may be to study for a banking diploma.