Italy's Generali and France's BPCE said on Tuesday they had taken the first step towards creating Europe's largest asset manager by revenue as the industry bets on size to protect profit margins.

Italian company Assicurazioni Generali (Generali) has signed a non-binding memorandum of understanding (MoU) with French banking group BPCE to combine their asset management businesses. Ownership ...

BPCE, Generali boards to examine deal on Monday - sources Green light from boards could be announced on Tuesday - sources Combination would create major European fund manager Italy to review deal ...

A 50-50 co-controlled business, building upon a long-term asset management commitment by BPCE and Generali underpinned by 15-year contracts. BPCE to benefit from preferred dividend rights over 2026 ...

Retaining ownership of their respective assets, Generali and BPCE-owned Natixis Investment Managers will hand over their management to a new Dutch entity, of which they each own 50%, ...

Italian company Assicurazioni Generali (Generali) has signed a non-binding memorandum of understanding (MoU) with French banking group BPCE to combine their asset management businesses. Ownership ...

Going forward, Generali’s and BPCE’s ownership in the JV would be accounted for using the equity method, resulting from the joint control. The combined business would be co-controlled by the two ...

PRESS RELEASE BPCE and Generali to Create the Largest Asset Manager in Europe by revenues and a Major Player Worldwide Milan & Paris, 21 January 2025 – Assicurazioni Generali S.p.A. (“Generali ...

BPCE and Generali to Create the Largest Asset Manager in Europe by revenues and a Major Player Worldwide. Milan & Paris, 21 January 2025 – Assicurazioni Generali S.p.A. (“Generali”) and BPCE today ...

Milan & Paris, 21 January 2025 – Assicurazioni Generali S.p.A. (“Generali”) and BPCE today announce that they have signed a non-binding Memorandum of Understanding (“MoU”) to create a ...