AXA SA said that net profit and revenue for the first half of the year fell amid a more pronounced decline in activity in the second quarter due to the coronavirus pandemic.

The French insurance giant said first-half net profit fell to €1.43bn ($1.70bn) from €2.33bn in the first half of 2019.

AXA earnings drop, insurer confirms full-year hit

Mauro Orru

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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