Natixis’ Q3 results demonstrate continued success in their ‘New Frontier’ strategic plan

Natixis released their third quarterly results last week, showing net revenues up 9% in 3Q15 vs. 3Q14 and net income up 13% to €1,028m.

Natixis’ results show that despite difficult conditions during the summer, their core businesses increased revenues and profitability in line with their ‘New Frontier’ strategic plan, with high download (7)activity in structured financing (new loan production reaching €6.1bn in 3Q15 and €20bn in 9M15) and further strong growth in equity derivatives.

Laurent Mignon, Natixis Chief Executive Officer, said: ‘We continue to develop our businesses by serving our clients in France and abroad and particularly by reaping the benefits of diversification, both in terms of products and distribution in Asset Management, and by furthering the rollout of our large franchises within CIB.’

Following Moorgate’s outreach, the news was covered by Funds Europe, Bloomberg, Global Capital, Reuters, Dakota Financial News, Yahoo Finance, Euro Investor and 4-Traders

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