Natixis struck by energy sector credit risk

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Natixis struck by energy sector credit risk

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A shop sign of NATIXIS, on May 04, 2020 in Paris, France. Photo by David NIVIERE/ABACAPRESS.COM | Niviere David/ABACAPRESS.COM/ABACA/PA Images

Natixis’s corporate and investment bank slumped to a loss in the first quarter, results showed on Wednesday, as it provisioned for credit losses and took a similar hit in equities to its French peers.

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