Natixis keeps figures steady

Michael Bow
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FRENCH investment bank Natixis yesterday said second quarter profits had flat lined despite a small uptick in revenues.

The group reported pre-tax profits of €435m (£376.9m) for the three months ending June, the same amount for the period last year. Revenues increased two per cent to €1.79bn. “Natixis’s core businesses managed to grow revenues despite tough conditions in France and the Eurozone,” boss Laurent Mignon said.