Report
Charles Gross
EUR 147.86 For Business Accounts Only

Capital Markets Group Sees Increased Profits While Coface Continues to Struggle for Natixis

Natixis reported half-year results that saw net income increasing in the second quarter to EUR 381 million from the EUR 200 million reported in the first quarter, however, both quarters were lower than results seen in 2015, leading to a decline in net income of 21% thus far this year. While net revenues have only declined 5% in the first half of 2016, largely due to weakness in the Financial Investments segment, expenses have increased 5%. Provisions for credit losses have also increased during ...
Underlying
NATIXIS

Natixis is a player in the European banking industry. As the banking partner of large companies in France, Co. also plays an active role in serving financial institutions (banks, insurance companies, pension funds, etc.). Co.'s activities are divided into in three main business lines: Wholesale Banking, Investment Solutions (Asset Management, Private Banking, Insurance, and Private Equity) and Specialized Financial Services. Co. operates in four geographical regions: France; other EU countries; North America (Canada, USA); and other OECD countries. As of Dec. 31 2013 Co.'s total assets totaled Euro510,131,000,000.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Gross

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