AXA
Axa warns on data centre ‘gambles’ as private credit risks rise
This comes amid growing awareness of emerging risks in private markets
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
Axa plans up to 1.2 billion euro buyback as earnings beat estimates
Underlying earnings rose 6% to 8 billion euros last year, just ahead of analysts’ estimates, while net income rose by 10%
BNP in talks to buy Axa Investment Managers in 5.1 billion euro deal
The proposed deal would create a top player in Europe with about 1.5 trillion euros in assets under management
Axa to return 6 billion euros to investors in new payout policy
Axa plans to return about 6 billion euros (S$8.73 billion) of last year’s earnings to investors under a new payout policy unveiled by chief executive officer Thomas Buberl.
AXA fund to invest US$49 million in Brazil reforestation projects
AN ALTERNATIVE investment vehicle controlled by French insurer AXA said on Tuesday (Jul 18) it will inject US$49 million into reforestation projects in Brazil led by local startup Mombak.
Allianz, AXA and SCOR quit UN climate alliance as insurers hold talks
A UN-convened climate alliance for insurers was holding talks on Thursday (May 25) to decide if it had a future after three more companies – Allianz, AXA and SCOR – quit in the face of growing politic...
Axa Investment registers as crypto service provider in France
FRENCH market regulator AMF said Axa Investment Managers had registered as a crypto service provider in the country, joining a list of several financial firms getting regulatory approvals to avoid ser...
Axa plans 1.1 billion euro buyback as underlying earnings rise
AXA unveiled plans to repurchase as much as 1.1 billion euros (S$1.7 billion) of its shares as it announced that its underlying earnings for 2022 rose, and that it expects to surpass one of its key fi...
Staff at AXA Singapore cut in retrenchment exercise; more than 20 affected
AXA Singapore has reportedly retrenched over 20 staff whose roles have been made redundant following the firm’s acquisition by HSBC earlier this year.
