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Intesa Sanpaolo set to buy Geneva private bank

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Italian bank Intesa Sanpaolo is set to buy Swiss private bank Banque Morval in a deal worth 150 million to 200 million euros ($176-235 million), a source with knowledge of the matter said on Wednesday. After rescuing two regional banks, Italy's biggest retail bank this month ruled out any mergers…

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Click here to read the full story: Reuters

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