Natixis SA Announces Creation of Wholesale Banking Business

Natixis SA announced that it has decided to change its corporate and investment banking business into a wholesale banking business serving corporations, financial institutions, the public sector and Groupe BPCE networks. The wholesale banking business will comprise two departments: the coverage & advisory department and the financing and market solutions. In addition and to optimize operational processes, Natixis is creating a new operations and IS department (COO) that will manage Natixis' IS and technical infrastructure projects, and the operational control and management teams of wholesale banking operations.