Mediobanca-MPS stake in Generali provides revenue diversification

Published 09/10/2025, 14:30
© Reuters.

Investing.com -- The stake in insurer Generali held by the banking group formed from Monte dei Paschi di Siena’s acquisition of Mediobanca offers valuable revenue diversification, according to MPS Chief Executive Luigi Lovaglio.

During a parliamentary hearing, Lovaglio emphasized that while diversification is beneficial, the Generali investment must deliver adequate risk-adjusted returns and justify the bank capital allocated to it.

Lovaglio noted that the Generali stake could also create additional opportunities for bank-insurance partnerships. He stated that the newly formed banking group would manage the stake based on "industrial logic" and "financial opportunity."

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