Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Polanski Pulls Out of the Césars

Read more

THE DEBATE

Next stop, Westminster: Supreme Court orders Brexit parliament vote (part 1)

Read more

THE DEBATE

Next stop, Westminster: Supreme Court orders Brexit parliament vote (part 2)

Read more

FOCUS

Iranian women push boundaries through sport

Read more

MEDIAWATCH

Crowds, Lies & Alternative Facts

Read more

ENCORE!

Backstage at the Haute Couture show of designer Julien Fournié

Read more

BUSINESS DAILY

President Trump pulls US out of TPP trade deal

Read more

IN THE PAPERS

'Donald Trump is rolling back the clock on diversity in the cabinet'

Read more

IN THE PAPERS

Did France's left inflate turnout figures in round one of the primary?

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)