Italian Insurer Boosts Stake in Swiss Private Bank

Italian insurer Fondiaria-SAI is to buy 60 per cent of the share capital of the Swiss private bank Banca Gesfid from Rinascita Holdings, the investment management arm of Milan-based merchant bank Meliorbanca,....

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By: Nick Parmee
September 27, 2006
Italian insurer Fondiaria-SAI is to buy 60 per cent of the share capital of the Swiss private bank Banca Gesfid from Rinascita Holdings, the investment management arm of Milan-based merchant bank Meliorbanca,....