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Companies

Companies | 22 Sep 17

French private bank enters UK wealth space

Banque Transatlantique, part of French banking group Crédit Mutuel-CM11, is launching a wealth management business in the UK.

Praemium funds hit A$7.8bn despite tough market

Asia | 21 Sep 17

AIA pays $2.4bn for Aussie and New Zealand life insurers

The Commonwealth Bank of Australia has sold its life insurance businesses in Australia and New Zealand to AIA Group for A$3bn (£1.8bn, $2.4bn, €2bn).

Companies | 20 Sep 17

European Wealth CEO departs as losses deepen

The group chief executive of Guernsey-based European Wealth has decided to leave the company a week after announcing he would be taking an indefinite leave of absence and the company reported a loss for the first half of 2017.

European watchdog warns of investment fund ‘fire sales’

Asia | 20 Sep 17

Foreign insurers forced to meet Malaysian 70% ownership cap

Insurance companies in Malaysia are looking to sell just under a third of their local businesses to comply with a 70% cap on foreign ownership.

Asia | 19 Sep 17

Online insurer ZhongAn eyes life market

Online-only insurer ZhongAn Online Property and Casualty Insurance is planning to offer life insurance and healthcare products to accelerate growth after going public in Hong Kong.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.