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Heard on the street: Generali re-thinks BSI deal

Despite publicly insisting there would be no sale if the price is not right, Italian insurer Generali is believed to be more amenable to a negotiation almost two years after its private banking business BSI, was first believed to have been put up for sale. Investment bankers at J.P. Morgan, who have been mandated by Generali to find a buyer,…

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