Equitable Distributors Inc., the Axa Financial unit that sells insurance through banks and other financial institutions, will close its Newport Beach, Calif., headquarters and move to New York in the wake of departures by two top-level executives.

Up to 100 jobs, including wholesaler and technological support positions, will move to the East Coast headquarters of French parent company Axa in the next six months. Equitable Distributors sells annuities and life insurance products underwritten by Equitable Life Assurance Co. California employees have the option of moving to New York.

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