Article Abstract:
Henri De Castries will be appointed to AXA SA's management board in what is seen as the first move toward making him the successor of chief executive Claude Bebear. Bebear stated that he will step down on his sixty-fifth birthday, but he has kept up the suspense as to the identity of his successor.
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Article Abstract:
Deutsche Bank AG will acquire a majority share in Banque Worms from AXA SA. Under the deal, Deutsche Bank will acquire Banque Worms' retail and corporate banking operations in France.
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Article Abstract:
AXA S.A. Chief Executive Henri de Castries is promising to seek additional acquisitions for the company. The company believes that the European insurance industry is reviving.
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