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UniCredit is looking to extend a deadline for a call option that would allow Italy's second-biggest bank to take full ownership of an insurance joint venture with France's CNP Assurances , two sources close to the matter said.
The Swiss blue-chip SMI was seen opening down 0.8% at 12,128 points on Tuesday, according to premarket indications by bank Julius Baer .
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China's banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments in other companies.
Pensions consolidator Clara-Pensions is open to deals to manage UK company final salary benefit schemes after becoming the first British firm to win regulatory clearance to act as a superfund, it said on Tuesday.
Financial conglomerate Grupo SURA said shareholders had authorized its directors to seek a strategic partner to take a non-controlling stake in Colombia's largest holding company.