AXA entrusts CAPZA with €500m to support French SMEs

AXA entrusts CAPZA with €500m to support French SMEs

AXA will entrust CAPZA with €500m in order to enable SMEs to strengthen their balance sheets and recover from the COVID-19 shock after the implementation of emergency measures. This initiative aims to support the recovery of the French economy and to support...
The Tech Tool One Asset Manager Is Using to Ferret Out Dishonesty

The Tech Tool One Asset Manager Is Using to Ferret Out Dishonesty

Asset managers seeking an edge in the uncertainty of the pandemic might do well to turn to natural language processing the way firms including American Century Investments do — and avoid the task of digesting massive volumes of research, according to text analytics...
Banks Target June for ThyssenKrupp Elevator $9 Billion Debt Sale

Banks Target June for ThyssenKrupp Elevator $9 Billion Debt Sale

Banks sitting on 8.3 billion euros ($9.1 billion) of debt from the acquisition of ThyssenKrupp AG’s elevator unit, aim to sell their exposure as early as next month, according to people familiar with the matter. Underwriters Barclays Plc, Credit Suisse Group AG,...
BlackRock Lures Asset Managers, Wealth Funds After PNC Exit

BlackRock Lures Asset Managers, Wealth Funds After PNC Exit

BlackRock Inc. attracted some of the world’s largest institutional investors and sovereign funds when a major stake was sold this month, illustrating chief Larry Fink’s connections with deep sources of capital in the U.S., Middle East and Asia. Existing...