Decoding – Their alliance project in the management of assets is confronted with the opposition of Rome and shareholders of the Transalpine insurer.
Will the alliance of BPCE and Generali Asset Management Centers see the daylight? Announced on the morning of January 21, it is supposed to give birth to a European champion. The French bank and the first Italian insurer are planning to group their subsidiaries Natixis Investment Managers (NIM) and Generali Investment Holding (GIH) within a Cotent ownership of 50-50. This would manage 1900 billion euros in assets and would rise to the 9one Global place in the sector, able to compete with American giants such as BlackRock.
Weld. Seven months after the publication of the Banns, the signature of the operation, planned before the summer, still did not take place. “The connection project continues and the relationships are very good between the two partiesensures Figaro A spokesperson for BPCE (Banque Popile, Savings Boxes, Natixis). This project remains fully registered in the strategic agenda of the two groups, with an adapted working calendar, to take the environment into account …
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