Wealth and Asset Management
AXA selling its Swiss Privilege franchise in HK to local investment holding biz
Paris, France-based insurance giant AXA is to sell its Swiss Privilege franchise in Hong Kong, known as AXA Wealth Management (HK) Ltd, to a Hong Kong-based investment holding company, Jeneration Holdings Ltd in a deal worth around HK$2.2bn (€237 m, US$281.3m). In a statement, AXA said it was selling the…
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