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Banca Generali has no firm plans to buy FinecoBank, says general manager

Banca GeneraliSpA General Manager Gian Maria Mossa denied that the unit is purchasing subsidiaryFinecoBank SpA.

"I can tell you there is no such file on ourdesk," Mossa said in an interview with IlSole 24 Ore published Oct. 7, adding that the lender has not formallytasked any investment bank with assisting it in making an acquisition.

"I confirm that there is no [potential purchase] aroundthe corner," he added.