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The deal would see the bank remain its top shareholder, but its share of the pie would be diluted.

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Generali Insurance Asset Management has appointed Francesco Martorana as chief executive officer succeeding Santo Borsellino who has been holding the role since June 2013. Martorana will combine his appointment as CEO with his current role of head of investments, which he has held since October 2017. He joined the Generali…

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