Equitable and Corebridge are in talks to merge in an all-stock merger that would create a $22 billion retirement, asset management, and wealth management juggernaut.
The combined business would be named Equitable, manage over $1.5 trillion in assets, and cater to over 12 million clients.
Equitable CEO Mark Pearson will take on the role of executive chair, and Corebridge CEO Marc Costantini is anticipated to oversee the combined company.
