The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer.

Assicurazioni Generali SpA Chief Executive Officer Philippe Donnet says he wasn't aware UniCredit SpA had built a stake in ...

UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...

Italian financiers rarely opt for a simple plan where a complicated one would do. That shows in a five-way pile-up taking shape between the country’s banks and insurers. It’s a power struggle that ...