Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Bayrou decides to march with Macron

Read more

THE DEBATE

France's Topsy-Turvy Election: Uncertain outcome as insurgents blow away old guard (part 1)

Read more

THE DEBATE

France's Topsy-Turvy Election: Uncertain outcome as insurgents blow away old guard (part 2)

Read more

THE INTERVIEW

Amnesty chief urges France to 'stay true to its values'

Read more

ENCORE!

Film show: 'Certain Women', 'Rock’n Roll' and 'A Wedding'

Read more

FOCUS

#BringBackOurInternet: English-speaking Cameroon hit by digital blackout

Read more

MIDDLE EAST MATTERS

Preaching coexistence: Avant-garde mosque opens in Lebanon's Druze heartland

Read more

THE OBSERVERS

Prison guards turn guns on prisoners in Chile, and thousands of migrants stuck in smoky warehouses in Serbia

Read more

FACE-OFF

French presidential race: Le Pen makes groundbreaking visit to Lebanon

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)