Temasek to set up new office in Paris next year
Temasek, an investment firm based in Singapore, is set to establish a new office in Paris, France in the first…
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Indosuez Wealth Management appoints CFO
Alexandre Ledouble has been chosen as chief financial officer (CFO) of Indosuez Wealth Management in Paris. He will report to…
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SocGen, AllianceBernstein to set up equities JV
Societe Generale (SocGen) has announced a plan to form a global equities joint venture (JV) with AllianceBernstein, a US-based investment…
BNP Paribas wealth and asset management unit registers 10% rise in Q3 revenue
The wealth and asset management unit of BNP Paribas has posted revenue of €974m for the third quarter of 2022,…
Amundi records $13bn outflows in third quarter
French asset manager Amundi has registered total outflows of €12.9bn in the third quarter of 2022 due to adverse market…
Credit Suisse agrees to pay €238m fine to settle tax fraud probe in France
Swiss banking giant Credit Suisse has agreed to shell out €238m in penalty to put an end to investigation in…
BNP Paribas Asset Management hires new Flexible & Absolute Return chief
BNP Paribas Asset Management (BNPP AM) has named Mark Richards as the head of Flexible & Absolute Return, which is…
Amundi to set up mutual fund unit in China push
French asset manager Amundi is planning to establish a wholly-owned mutual fund business in China, reported Bloomberg citing a person…