The bank now estimates a 35 basis-point hit to its common equity Tier 1 ratio and return on invested capital to be above 14% ...

“In anticipation of the closing process, all teams are now working to welcome AXA IM’s employees and customers into the BNP Paribas Cardif Group” BNP Paribas Cardif Chairman Renaud Dumora sai ...

The European Central Bank has taken a negative view on applying a rule that might have reduced the impact on BNP Paribas SA’s capital from its planned acquisition of Axa SA’s asset manager, people ...

"The AXA deal that we have signed consists actually of two different items," Lars Machenil told analysts on a call. BNP last ...

BNP is acquiring AXA IM through its insurance business Cardif. However, following the ECB's comments on the "prudential" treatment of the acquisition of asset management companies, the French ...

In December, BNP Paribas said it had signed a deal to buy AXA IM for 5.1 billion euros ($5.79 billion). BNP Paribas estimates a 35 basis-point hit to its common equity Tier 1 ratio and expects its ...

BNP Paribas , France's biggest bank, has cut its forecast for the return on invested capital on its 5.1 billion euro ($5.8 ...

deal for the investment manager of French insurer AXA, Bloomberg reports, citing unnamed sources. -- The French lender hoped to take advantage of these rules under which acquisitions of asset ...

DUBLIN, April 14, 2025--(BUSINESS WIRE)--Global real estate investment company, Kennedy Wilson (NYSE:KW), and AXA IM Alts have completed the refinancing of $510 million of maturing debt secured ...