BNP Paribas seeks to cut about 1,200 roles on Axa IM integration
More recently, the CEO Jean-Laurent Bonnafe has been selling some stakes in various businesses Paribas is seeking to eliminate about 1,200 positions as it completes the…
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AXA
Axa warns on data centre ‘gambles’ as private credit risks rise
French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private…
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said on Tuesday (Jul 1) it had completed…