Generali deal pours fuel on banking merger woes
The high-profile asset management merger between Italy’s largest insurer, Assicurazioni Generali SpA, and French bank BPCE SA’s Natixis aims to create Europe’s second-largest investment firm, managing €1.9 trillion in assets. Announced in January 2025, the deal has intensified challenges in Italy’s banking sector, already grappling with complex consolidation efforts. Resistance from Generali shareholder Francesco Gaetano … Read more