Natixis

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Natixis S.A.
Type Société Anonyme
Traded as EuronextKN
Industry Financial services
Founded 2006
Headquarters Paris, France
Key people Laurent Mignon (CEO), François Perol (Chairman)
Products Corporate banking, asset management
Operating income €1.521 billion (2010)[1]
Profit €1.732 billion (2010)[1]
Total assets €458.01 billion (end 2010)[1]
Total equity €20.93 billion (end 2010)[1]
Employees 19,580 (FTE, end 2010)[1]
Website www.natixis.com

Natixis is a French corporate and investment bank created in November 2006 from the merger of the asset management and investment banking operations of Natexis Banque Populaire (Banque Populaire group) and IXIS (Groupe Caisse d'Epargne).

The two main shareholders, Groupe Caisse d'Epargne and Banque Populaire, together own more than 70% of Natixis while the remaining float is listed on the Paris Stock Exchange.

On December 15, 2008, Natixis revealed that it had lost more than US$450 million in the Madoff investment scandal on Wall Street—the largest Ponzi scheme in history.

Natixis provide financial data for the 'Markets' section on the news channel, Euronews. On October 26th 2010, Natixis Global Asset Management (NGAM) has acquired a majority stake in asset management start-up ‘Ossiam’.[2]

[edit] Operations

  • Corporate & Investment Banking Includes Capital Markets, Debt & Finance and Corporate & Institutional Banking. Capital Markets emcompass equities, commodities, fixed-income, forex, derivatives and structured products.
  • Asset Management Natixis Global Asset Management is the 14th largest asset management firm in the world with $630 billion in assets under management.
  • Private Equity & Private Banking Natixis Private Banking unit includes Banque Privée 1818.
  • Services Business lines include insurance, securities, financial guarantees, and consumer finance.
  • Receivables Management (offered through its Coface subsidiary). Coface deals in risk analysis, supporting corporates in account receivables.

[edit] References

  1. ^ a b c d e "Annual Report 2010". Natixis. http://www.natixis.com/upload/docs/application/pdf/2011-04/ddr_en_v6_21_04_11.pdf. Retrieved 22 April 2011. 
  2. ^ "Natixis Global Asset Management Acquires Majority Stake in OSSIAM, a Specialty ETF Start-up". Market Watch. http://www.marketwatch.com/story/natixis-global-asset-management-acquires-majority-stake-in-ossiam-a-specialty-etf-start-up-2010-10-26?reflink=MW_news_stmp. Retrieved 26 October 2010. 

[edit] External links


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