France’s AXA Group confirmed the sale of wholly owned subsidiary Banque Worms to Germany’s Deutsche Bank for an undisclosed amount.
The sale, scheduled to be completed before April 15, 2001, is ” in line with AXA’s original intention,” said the announcement, and “confirms the Group strategy to increase its focus on its core businesses of financial protection and wealth management.”|”axa, confirms, banque, worms, sale, deutsche, bank
Topics AXA XL
Was this article valuable?
Here are more articles you may enjoy.
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow 
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 
Florida Bill Passes, Easing Agency Customer Reps’ Education Requirements 
Study: AI May Be Tempering Insurer Hiring 
