UniCredit CEO Orcel says talks with Generali focus on commercial ties
CEO Andrea Orcel dismissed rumors of a deeper deal with Generali today. He stated that ongoing talks center on their existing industrial and commercial ties.
Insights:
UniCredit CEO Andrea Orcel stated on Monday that ongoing discussions with insurer Generali are focused on commercial partnerships intended to link the two firms. Speaking in Italy 
IT, Orcel clarified that the talks concern the structural arrangements that underpin UniCredit's insurance and asset-management distribution channels, rather than other forms of corporate tie-ups.
IT, Orcel clarified that the talks concern the structural arrangements that underpin UniCredit's insurance and asset-management distribution channels, rather than other forms of corporate tie-ups.
