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Low-ball offers for BSI not welcome, says Generali CEO

BSI’s owner, Generali, has a price in mind when it comes to the sale of the private banking business, and it won’t let go for anything less. That was the message from Generali group CEO, Mario Greco, during the company’s mid-year earnings question and answer session. The Lugano-based private bank has been for sale since mid-2012, when the Italian insurer…

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