|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.5600 - 4.5600|
|52 Week Range||2.3900 - 5.2000|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||24.00|
|Forward Dividend & Yield||0.07 (1.61%)|
|Ex-Dividend Date||Jun. 02, 2021|
|1y Target Est||N/A|
PARIS (Reuters) -French bank BPCE, which is in the process of delisting its Natixis investment banking arm, announced plans on Thursday to increase profits by 2024, partly by increasing its focus on sustainable investing. BPCE said plans to diversify Natixis' business lines should result in around 500 million euros ($590 million) of additional revenues for Natixis Corporate & Investment Banking in 2024. It would also put environmental, social and governance (ESG) work at the centre of its asset management and insurance arms, targeting more than 600 billion euros in assets under management in the sustainable or impact investing category for Natixis Investment Managers, representing 50% of total assets under management by 2024.
PARIS (Reuters) -A French criminal court on Thursday fined investment bank Natixis 7.5 million euros ($8.95 million) after finding it guilty of misleading investors in 2007 on its financial strength related to its sub-prime exposure. Eric Dezeuze, a lawyer for the bank, said Natixis was lodging an appeal against the ruling as the bank denied any wrongdoing. "Natixis still considers that it communicated to the public, with all due sincerity, the information available to the company regarding its exposures," the lender said in a statement after the ruling.
Spanish oil and gas firm Repsol has hired banks to present a new transition financing framework to investors that will allow the company to issue sustainability-linked bonds, according to a lead manager on Monday. HSBC and Natixis have been appointed to help the Spanish firm present the new framework to investors from June 21-23, the lead manager said in a message to investors seen by Reuters. Under this framework, Repsol would be able to issue sustainability-linked bonds, green bonds and so-called "transition" bonds.