25-01-2017 21:03 via news.yahoo.com

Generali finance chief to leave, takeover talk mounts

Italy's Assicurazioni Generali said on Wednesday its chief financial officer Alberto Minali would be leaving at the end of the month, at a time of uncertainty for the country's biggest insurer. The departure of Minali comes a day after Italy's biggest retail bank Intesa Sanpaolo said it was considering the idea of a tie-up with Generali in a move that could reshape the country's financial landscape. Generali, whose biggest shareholder is influential investment bank Mediobanca , said on Monday it
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