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Reuters

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Business & Economics

What is next in Italy's banking saga?

Reuters
Summary
Nutrition label

79% Informative

Banco BPM's proposed purchase of fund manager Anima Holding starts the dance this month .

UniCredit is expected to follow suit in April with its own buyout bid for BPM .

State-backed Monte dei Paschi di Siena surprised markets with its move on Mediobanca , the top shareholder in Europe 's third -largest insurer Generali .

Intesa CEO Carlo Messina has ruled out any current interest in Generali .

Italian antitrust limits suggest Intesa might be potentially interested in asset management operations.

Generali is combining with France 's Natixis in a deal frowned upon by Italy 's government.

Messina 's term is expected to be extended by a further three years at the end of April .

VR Score

89

Informative language

93

Neutral language

74

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

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