Allianz and PIMCO launch new retirement income business in Australia

Allianz, one of the world’s largest insurers, and PIMCO, one of the world’s premier fixed income managers owned by Allianz, announced the launch of a new business in Australia, Allianz Retire+ Powered by PIMCO, to deliver the next generation of retirement income solutions. Allianz Retire+ Powered by PIMCO marks the first-ever co-branded business between the … Continue reading Allianz and PIMCO launch new retirement income business in Australia

Allianz 1Q results signal good start into 2018, on track to meet targets

Management Summary: Strong top and bottom lines, operating result eases largely due to currency shifts Allianz Group had a good start into 2018, posting a 6.8 percent rise in net income attributable to shareholders. Internal revenue growth, which adjusts for currency and consolidation effects, was 4.9 percent with positive contributions from all business segments. Total revenuesincreased 0.7 … Continue reading Allianz 1Q results signal good start into 2018, on track to meet targets

Worldline to acquire SIX Payment Services

SIX to become a 27% shareholder of Worldline, with Atos retaining a majority stake of 51% in Worldline Major strategic transformation for Worldline materially strengthening its European leadership position with: >   c. +30% Group revenue increase; >    c. +65% increase in merchant services business attaining over € 1 billion annual revenue >    New n°1 payment market positions … Continue reading Worldline to acquire SIX Payment Services

Allianz sells Banco BPI stake to CaixaBank and seeks to deepen cooperation agreement in Portugal

Allianz Group has agreed to sell shares representing 8.4 percent of the share capital of Banco BPI to CaixaBank. The total purchase price for this transaction is 178 million euros or 1.45 euros per Banco BPI share. As a result, CaixaBank’s stake in the share capital of Banco BPI will rise to 92.9 percent. In … Continue reading Allianz sells Banco BPI stake to CaixaBank and seeks to deepen cooperation agreement in Portugal

Atos Protects Commonwealth of Virginia Technology Infrastructure with Next Generation Cybersecurity Solution

Atos, a global leader in digital transformation, and the Commonwealth of Virginia, announced a new $120M multi-year relationship where Atos will provide advanced cybersecurity services for the Virginia Information Technology Agency (VITA). VITA, which supports the commonwealth by providing cybersecurity, IT infrastructure services and IT governance, continues to move forward with an IT modernization strategy … Continue reading Atos Protects Commonwealth of Virginia Technology Infrastructure with Next Generation Cybersecurity Solution