Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Macron-Putin: "a frank exchange"

Read more

THE DEBATE

Mending Strained Ties: French President Macron hosts Putin at Versailles Palace (part 2)

Read more

THE DEBATE

Mending Strained Ties: French President Macron hosts Putin at Versailles Palace (part 1)

Read more

ENCORE!

Cannes 2017: 'The Square', Sofia Coppola and Joaquin Phoenix take top prizes

Read more

THE OBSERVERS

The violinist of Venezuela's protests; and France's dying bees

Read more

FOCUS

Famine used as a weapon of war in South Sudan

Read more

THE DEBATE

Let's talk Africa-Asia partnerships (part 2)

Read more

THE DEBATE

Let's talk Africa-Asia partnerships (part 1)

Read more

BUSINESS DAILY

British Airways IT debacle could cost the airline big

Read more

Business

French bank Natixis posts €2.8 billion loss

Latest update : 2009-02-26

French bank Natixis reported losses of 2.8 billion euros for 2008, dragged down by a poor showing in the fourth quarter. The investment bank is 71%-held by the Caisse d'Épargne and Banque populaire, who are currently in the process of merging.

AFP - French bank Natixis on Thursday announced a net loss of 2.8 billion euros (3.6 billion dollars) in 2008 after heavy losses in the final quarter.
  
Its net banking income for 2008 was a loss of 3.452 billion euros. "Excluding the crisis impact, it stands at 315 million euros," said a statement from the bank.
  

Date created : 2009-02-26

COMMENT(S)