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FOUND: Buyer for BSI

After a few false starts, Italian insurance giant, Generali, is expected to announce a buyer for its private banking business, BSI. Latin American bank, BTG Pactual, one of the leading investment banks in the region, is buying BSI as part of its inorganic growth strategy. Generali has confirmed that any sale to Pactual will involve all of BSI. The bank,…

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