Getting rid of Natixis’ minority shareholders has helped the investment bank use the strength of mutual group BPCE’s balance sheet, says divisional leader Nicolas Namias. There are some signs it’s making a positive difference.

As the unlisted firm shrinks further in investment banking, its asset management business might IPO on its own.

Natixis’ mistakes in equity derivatives and commodities this year repeat a pattern of outsized wholesale-banking losses. In the future, as in asset management, it should focus more on the underlying advantages of parent group BPCE’s retail network.

Weight a business towards structured products, and life can quickly get uncomfortable.

Euromoney has spoken to 20 sustainable finance experts about what is needed to bring about real progress. The last of our six recommendations is for efforts to be made to incentivize green finance.

European banks don’t have a continental market, right? Wrong. Even if they cannot do full-blown mergers, the cross-border consolidation of specific business lines offers a way of gaining some of the economies of scale that US and Chinese banks enjoy.

Asset management is one of the few opportunities European banks have for growth and good returns, but regulation is challenging the captive market and margins are falling. Can banks build their own versions of the low-cost US fund management firms – or are these few remaining crown jewels heading the same way as their investment banks?

Natixis surveys large institutional investors and produces framework to avoid ‘SDG-washing’.

Fixed income research consumers tell us which research teams have impressed them most over the last 12 months.

Fixed income research consumers tell us which research teams have impressed them most over the last 12 months.

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Some of Europe’s biggest banks have joined behind KBC’s blockchain prototype to help SMEs increase trade across the continent.

Could BPCE replicate its growth in investment banking and asset management and make international acquisitions in retail banking too?

François Pérol has overseen an extraordinary shift at Natixis and its parent, BPCE. International wholesale banking and asset management are among BPCE’s proudest boasts and biggest hopes. Will its complex recipe of mutual lender, structured finance shop, boutique advisory and insurance leave a bitter taste?

French bank joins mutual banking reform; investors hope for capital boost, fear earnings dilution.

Results index

Rising real wages and consumption have boosted German growth without a corresponding increase in productivity, generating headwinds for economic growth and corporate profitability for years to come, argue analysts at Natixis, the French investment bank.

ANZ has hired Anshul Sidher, head of structured derivatives and offshore rates at Barclays in Singapore, and Bryn Meredith-Foster, a director and senior yen options trader also from Barclays in Singapore, reports Derivatives Intelligence, a sister publication of EuromoneyFXNews.

An ex-precious metal options trader at Natixis is joining ANZ as an FX options trader in London in a new role, according to Derivatives Intelligence, a sister publication to EuromoneyFXNews.

Natixis has hired a former UniCredit FX salesman to cover sales to hedge funds and other financial institutions.

European banks target Latin America

Prudential Bache in New York has hired Joe Gelsomino (ex Natixis Bank) as a vice-president in FX sales. He will report to Brian Jaspers, global head of FX.

Many have questioned the viability of Nomura’s stated aim to build an FX franchise. Having worked there in one of its previous build-ups, I too have yet to be convinced. Still, that has not stopped a raft of quality players flocking to the Japanese shop. Therefore, I was surprised to hear that Steve Ware and James Lamb left their roles in hedge fund sales this week, apparently to head off to Natixis. It seems a brave but risky move.

Guarantees from its parent remove the big risks; It sets out modest targets for a return to profitability

--Cristina Pittelli

It might have been the most turbulent month in memory for global stock markets but equity capital raisings did not grind to a halt. In fact, September has seen a spate of equity raisings from banks despite, or rather because of, the fact that they are at the centre of the market’s turbulence.

Natixis Capital Markets has launched an FX operation in the US, and has initially hired a team of 12 sales professionals to run it.

Investor doubt evaporates.

The merger of Caisse d’Epargne’s and Banque Populaire’s investment banks and asset managers opens up the possibility of even more consolidation in France.