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SGSS extends its safekeeping and custody mandate with the Generali Group

Societe Generale Securities Services (SGSS) has extended its safekeeping and custody mandate with the Generali Group, the 3rd largest European insurer.

Societe Generale Securities Services (SGSS) has extended its safekeeping and custody mandate with the Generali Group, the 3rd largest European insurer.

SGSS has been entrusted with the custody of the assets of Generali Belgium, a subsidiary of the Generali Group, which were previously under the custody of another service provider.

This new mandate comes in addition to the custody and depositary services already entrusted to SGSS by various Generali Group entities in France.

The transfer of Generali Belgium's portfolios took place in early February.