BNP Paribas is acquiring Fosun Group's 9% shareholding in Belgian insurer Ageas for around €730 million.....
US banks increasingly exit insurance, enticed by big paydays
Surging insurance valuations are enticing US banks to cash out and use the proceeds strategically....
Surging insurance valuations are enticing US banks to cash out and use the proceeds strategically....
Article / 5 months ago
More Asia-Pacific banks to shed insurance units to focus on their core
Lenders around the region have been selling their insurance businesses at a faster rate than acquiring them, S&P Global Market Intelligence data shows...
Lenders around the region have been selling their insurance businesses at a faster rate than acquiring them, S&P Global Market Intelligence data shows...
Article / 2 years ago
Australian lenders shed insurance businesses to sharpen focus on banking
CBA is the only major Australian bank to still have a general insurance business, though it too may be on the block...
CBA is the only major Australian bank to still have a general insurance business, though it too may be on the block...
Article / 3 years ago