MILAN Oct 7 Banca Generali has no
acquisition plans on the table, the Italian asset manager's
managing director said on Friday, amid speculation the group
could be interested in buying online broker FinecoBank.
"I can tell you there is no dossier on our table," Gian
Maria Mossa said in an interview in Il Sole 24 Ore in response
to a question whether talks were under way over Fineco.
Italian bank UniCredit is looking to sell Fineco
and other businesses to boost the bank's stretched capital base.
In September sources said Banca Generali was working with
Goldman Sachs in negotiations to buy UniCredit's
controlling stake in Fineco though the parties remained far
apart on price.
Mossa said the group had given no formal mandate to
investment banks for acquisitions.
Banca Generali is controlled by Italy's biggest insurer
(Reporting by Stephen Jewkes; Editing by Adrian Croft)