natixis

French bank foresees possible euro450 million loss

Newsvine - business  Mon, 12/15/2008 - 02:56

French investment bank Natixis said Monday it may be an indirect victim of Wall Street money manager Bernard Madoff with exposure of up to euro450 million ($600.3 million).


 

French bank Natixis reports steep 3Q loss

Newsvine - business  Thu, 11/13/2008 - 05:42

French bank Natixis said Thursday it swung to a loss in the third quarter after setting aside money for its exposure to the bankruptcy of Lehman Brothers and Icelandic banks, and warned that "chaotic" market conditions would lead to further losses this year.


 

France: Natixis hurt by rocky markets in Oct.

Newsvine - business  Wed, 11/12/2008 - 03:28

French bank Natixis said Wednesday its investment banking arm had a revenue loss of 250 million euros ($320 million) in October due to "extremely difficult" market conditions.