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HSBC to acquire Axa s Singapore insurance assets for $575 million

"This is an important acquisition that demonstrates our ambition to grow our wealth business across Asia. Wealth is one of our highest growth and highest return opportunities, and plays to our strengths as an Asia-centred bank with global reach," Noel Quinn, Group Chief Executive of HSBC Holdings, said in a statement.

HSBC Holdings plc through HSBC Insurance (Asia-Pacific) Holdings Ltd takes over AXA Insurance Pte Limited (AXA Singapore) for US$575 million

HSBC Holdings plc through HSBC Insurance (Asia-Pacific) Holdings Ltd takes over AXA Insurance Pte Limited (AXA Singapore) for US$575 million
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Conversational AI Leader Senseforth ai Raises $14 million from Fractal

Conversational AI Leader Senseforth ai raises USD 14 million from Fractal

Palo Alto (California) [US]/ Bengaluru (Karnataka) [India] August 12 (ANI/BusinessWire India): Conversational AI leader Senseforth.ai today announced a USD 14 million investment from Fractal (fractal.ai), a global provider of artificial intelligence and analytics solutions to Fortune 500® companies. This investment will help Senseforth.ai scale and expand its footprint across Fractal's clients globally. This investment also strengthens Fractal's conversational AI offerings as it advances on its mission to power every human decision in the enterprise.

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