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    Home > Finance > Generali, BPCE ink non-binding deal to create asset management champion
    Finance

    Generali, BPCE ink non-binding deal to create asset management champion

    Published by Global Banking & Finance Review®

    Posted on January 21, 2025

    1 min read

    Last updated: January 27, 2026

    The image captures the CEOs of Generali and BPCE unveiling their ambitious asset management partnership, aiming to create Europe's largest firm by revenue. This strategic deal highlights the evolving landscape of finance and asset management.
    Generali and BPCE CEOs announce joint asset management venture - Global Banking & Finance Review
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    Tags:asset managementfinancial servicespartnershipinvestmentcorporate strategy

    Quick Summary

    Generali and BPCE signed a non-binding MoU to merge their asset management operations, aiming to create Europe's largest player by revenue by 2026.

    Generali and BPCE Sign MoU to Form Leading Asset Management Entity

    MILAN (Reuters) - Generali and France's BPCE said on Tuesday they had signed a non-binding memorandum of understanding (MoU) to combine their asset management operations aiming to create Europe's largest player by revenues.

    The deal is expected to be completed by early 2026, the two companies said in a statement.

    (Reporting by Gianluca Semeraro; editing by Valentina Za)

    Key Takeaways

    • •Generali and BPCE have signed a non-binding MoU.
    • •The merger aims to create Europe's largest asset manager by revenue.
    • •The deal is expected to complete by early 2026.
    • •The merger will combine their asset management operations.
    • •The announcement was made in a joint statement.

    Frequently Asked Questions about Generali, BPCE ink non-binding deal to create asset management champion

    1What companies are involved in the asset management deal?

    The companies involved are Generali and France's BPCE.

    2What type of agreement did Generali and BPCE sign?

    They signed a non-binding memorandum of understanding (MoU).

    3When is the deal expected to be completed?

    The deal is expected to be completed by early 2026.

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