Natixis SA (CNAT.PA)
Mon, Jun 24 2019
* Forced to mark down value; funds priced at 3-7% discount (Adds aggregated value of non-rated corporate bonds)
* HSBC downgrades Natixis, cautious on outflows (Adds KBW analyst note, Castres resignation from Tennor, fund manager quote)
PARIS, June 21 Shares in French bank Natixis recovered slightly on Friday from heavy losses in the previous session, but analysts said concerns over its H20 fund management arm remained.
PARIS, June 20 French investment bank Natixis defended its UK-based asset management division H2O on Thursday after fund ratings firm Morningstar put the unit under review over its holdings, causing a sharp fall in the French bank's shares.
LONDON, June 20 Natixis' H20 Asset Management chief executive Bruno Crastes said on Thursday liquidity in a fund it manages which has drawn scrutiny from a fund ratings firm is not an issue, and it has plenty of cash on hand.
PARIS, June 20 French bank Natixis defended on Thursday its H2O Asset Management fund division, after a decision by Morningstar to put its rating on H2O under review hit Natixis' shares.
PARIS, May 9 First quarter net profits at French investment bank Natixis almost tripled after the bank booked a capital gain on assets sold to parent bank BPCE.
PARIS, May 9 French bank Natixis has agreed to buy an 11 percent stake in Canadian asset manager Fiera Capital for around C$128 million ($95 million).
PARIS, April 12 French investment bank Natixis SA said on Friday it had appointed Diane de Saint Victor as an independent board member, replacing Henri Proglio.
PARIS Natixis' fourth quarter net profits were halved after the French bank booked a 260 million euros ($294 million) loss on Asian derivatives during the period.