Natixis

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 Banques Populaires (Banque Populaire group) and IXIS (Groupe Caisse d'Epargne).

Natixis S.A.
TypeSubsidiary
IndustryFinancial services
Founded2006 (2006)
Headquarters
Paris
,
France
Key people
Stéphanie Paix (CEO), Nicolas Namias (Chairman)
ProductsCorporate & investment banking, asset management
Revenue€7.1 billion (2022)
€1.73 billion (2022)[1]
Total assets$428.821 billion (2022)[2]
Total equity€19.543 billion (end 2022)[1]
Number of employees
13,600 (FTE, end 2022)[1]
ParentGroupe BPCE
SubsidiariesNatixis Investment Managers Natixis Wealth Management Natixis Corporate and Investment Banking
Websitenatixis.groupebpce.com

Natixis provides financial data for the 'Markets' section on the news channel, Euronews. On 26 October 2010 Natixis Investment Managers (NIM) acquired a majority stake in asset management start-up ‘Ossiam’.[3]

In February 2021, Groupe BPCE made a tender offer for all Natixis shares it did not own. The offer completed in June 2021 and Natixis stock was delisted.

Operations
  • Corporate & Investment Banking Includes Capital Markets, Debt & Finance and Corporate & Institutional Banking. Capital Markets encompass equities,[4] commodities, fixed-income, forex, derivatives and structured products.
  • Asset Management Natixis Investment Managers is among the 20 largest asset management firm in the world with $1,122billion in assets under management as of 31 March 2023.[5]

History

Natixis was created in November 2006 through the merger of the French investment banks Natexis and Ixis. These were the investment banks of the French savings banks, the Caisses d'Epargne (Ixis), and the cooperative Banques Populaires (Natexis). The German branch is based in Frankfurt.[6]

It is headed by Philippe Dupont, chairman of the supervisory board and by Dominique Ferrero,[7] who took over as general manager in 2006. In December 2006, the management team was known.[8]

In February 2021, it is announced Riahi's severance pay had been miscalculated, as he is asked to return 2.4 million euros.[9][10]

In December 2022, Stéphanie Paix has been appointed CEO of Natixis.[11]

Recognition
  • Top Employer France 2023 certification[12]

See also

References
  1. "Annual Report 2010" (PDF). Natixis. Archived from the original (PDF) on 10 August 2011. Retrieved 22 April 2011.
  2. "The Global 2000 2021". Forbes.
  3. "Natixis Global Asset Management Acquires Majority Stake in OSSIAM, a Specialty ETF Start-up". Market Watch. Retrieved 26 October 2010.
  4. "Natixis Equity Markets".
  5. "About Us". Natixis Global Asset Management. Archived from the original on July 20, 2023. Retrieved 23 January 2013.
  6. Gentili, Dario; Mura, Andrea (2015-12-31), "Ein Theater-Commons kommt zur Welt", Die Welt der Commons, transcript Verlag, pp. 132–135, doi:10.14361/9783839432457-020, ISBN 9783837629569, retrieved 2022-05-20
  7. ""Ma présidence est un facteur de cohérence"". LEFIGARO (in French). 2007-11-26. Retrieved 2022-05-20.
  8. Hector Chaunu (4 May 2006). "Natexis : Dominique Ferrero mènera une mission de réflexion et de recommandations". Boursier.com.
  9. "Regulators say "not so fast" to Deutsche Bank bonuses". eFinancialCareers. 2021-02-19. Retrieved 2021-02-22.
  10. "Natixis demande à son ex-patron de rendre ses indemnités". Les Echos (in French). 2021-02-17. Retrieved 2021-02-22.
  11. "Stéphanie Paix". newsroom-en.groupebpce.fr. Retrieved 2023-07-20.
  12. "Natixis achieves Top Employer France certification for the sixth year in a row".
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