The French bank reported ‘very sound’ results in 2019 with the fourth quarter representing its ‘best-ever’ quarter in terms of revenue and gross operating income generated.

Natixis’ reported underlying net revenues in the fourth quarter of 2019, at €2.5 billion, were up 26% year-on-year across its businesses with corporate and investment banking (CIB) up 74%; asset and wealth management up eight percent; insurance up seven percent; and payments up six percent on Q4 2018. Adjusting for the Q4 2018 €259m non-recurring impact on Asian equity derivatives, net revenues in CIB were up 16% y-o-y, primarily driven by global markets (+40%) and investment ba

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