Business
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…
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AXA
Business
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…
Business
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…