Axa and BNP Paribas discuss potential joint venture in asset management, creating a €1.4 trillion firm.
Axa and BNP Paribas are reportedly discussing a potential joint venture in the asset management sector that could create one of Europe's largest asset management firms, with combined assets under management of approximately €1.4 trillion. The discussions are ongoing and no certainty of a transaction is given. Axa has also evaluated the possibility of combining with the asset management arms of other French rivals.
July 04, 2024
3 Articles