Why Italy is turning its insurance giant into a pawn of power politics
Billionaire Francesco Gaetano Caltagirone and allies are close to gaining control of Generali
Billionaire Francesco Gaetano Caltagirone and allies are close to gaining control of Generali

A 35-page warrant alleges a plot to seize control of Generali, one of the key players in Italian finance

Insurer agrees to proceed with talks about €6.3bn sale of private banking arm

The proceeds would help fund tie-up between Monte dei Paschi di Siena and Banco BPM

Sale of Monte dei Paschi di Siena shares shows European governments are keen to retain control of key assets

Chief of French bank BPCE has been on year-long acquisition spree, but asset management deal with Generali remains stuck

Monte dei Paschi di Siena’s board stripped Luigi Lovaglio of his powers, setting up a fight for its leadership