Investment Banking

SocGen chair quashes UniCredit merger rumours

According to reports over the weekend the Italian bank is seeking to merge with its French rival

SocGen chair quashes UniCredit merger rumours

The chair of Societe Generale has dismissed speculation over a possible merger with Italian banking rival UniCredit.

According to a report in the Financial Times over the weekend, UniCredit's chief executive Jean-Pierre Mustier, the former head of investment banking at Societe Generale, has been exploring a possible union with the French lender for months.

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