News: Assicurazioni Generali SpA (GASI.MI)
Tue, May 24 2016
SAO PAULO Grupo BTG Pactual SA is seeking indemnity from Swiss private bank BSI SA's prior owner after losses tied to a Malaysian fund led EFG International AG to cut the price it paid for a controlling stake in BSI, a source familiar with the matter said on Tuesday.
SAO PAULO, May 24 Grupo BTG Pactual SA is seeking indemnity from Swiss private bank BSI SA's prior owner after losses tied to a Malaysian fund led EFG International AG to cut the price it paid for a controlling stake in BSI, a source familiar with the matter said on Tuesday.
* has not received any communication qualifying as "indemnifiable claim" under agreement for Swiss private bank BSI with BTG Pactual
BRASILIA, May 24 Brazil's investment bank Banco BTG Pactual SA will seek monetary compensation from Italian insurer Generali for fines imposed by Swiss and Singaporean authorities against BSI SA, BTG said in a statement.
May 12 Assicurazioni Generali CFO Alberto Minali says:
MILAN, May 12 Generali, Europe's third largest insurer, shrugged off concerns about a possible British exit from the European Union, with persistently low interest rates more of a headache.
* Brexit is not an issue for the group; its sterling exposure is very small
MILAN, May 12 Italy's biggest insurer Generali said on Thursday its operating profit in the first three months fell 12.3 percent due to fewer capital gains and low interest rates.
May 11 Mediobanca CEO Alberto Nagel tells journalists on a post-results call:
* Director General Alberto Minali says that the insurer will not take part in a capital increase at Popolare Vicenza, in which Generali holds a stake of 0.38 percent
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