Betaville

RARE ALERT: Natixis said to... - Part 7

Betaville predicted in his last post that after the summer the Natixis deal might come back onto BPCE's agenda and right on cue it would appear that it has.

French financial newspaper "of record" Les Echos is claiming French private banking group BPCE is "exploring options for its Natixis unit as it plans to unveil new strategic priorities along with third quarter results on November 5, 2020"...

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RARE ALERT: Natixis said to... - Part 6

Natixis has just booted out its chief executive.

Could this have anything to with the fact that the company's largest shareholder, BPCE, was/is plotting a takeover of the ailing investment bank?

One presumes yes.

Below is an important two paragraphs from tonight's Financial Times. ..

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