Axa to shut down Financial Planning Unit in Hong Kong and Singapore

13 January 2012 | 2 minutes read

Ipac Wealth Management Asia, a financial planning unit of Axa SA, said it will close its Hong Kong and Singapore offices in the first half of 2012 as the French parent aims to focus on insurance business in Asia. “The divestiture of these fee-based financial planning businesses would be consistent with the ambition to focus on continuing the strong growth…

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