Aug 2nd, 2024

Axa CEO Says BNP Is Like-Minded Partner

Axa Chief Executive Officer Thomas Buberl speaks on Bloomberg Television about BNP Paribas entering exclusive talks with Axa to buy the insurer's asset management unit, Axa Investment Managers, for €5.1 billion ($5.5 billion). "We have been looking for a partner that is like minded and with whom we can create a strong European asset manager in order to really serve our growth ambitions well to the future," Buberl says.