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Allianz to Buy UOB Asset Management Unit as CEO Targets Asia

Allianz SE agreed to buy the asset management unit of Singapore’s United Overseas Bank Ltd., marking the German insurer’s second major deal in recent days as Chief Executive Officer Oliver Baete pursues growth in the region.

Allianz to Buy UOB Asset Management Unit as CEO Targets Asia

Allianz SE agreed to buy the asset management unit of Singapore’s United Overseas Bank Ltd., marking the German insurer’s second major deal in recent days as Chief Executive Officer Oliver Baete pursues growth in the region.

Finance Bloomberg Aug 5, 2026

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