Mignon slakes M&A thirst to bring Natixis into the fold

BPCE_Adobe_575x375_11February2021
By David Rothnie
11 Feb 2021

BPCE is drawing Natixis closer at a pivotal time for the investment bank and European banking consolidation, writes David Rothnie.

France’s banking landscape is slowly beginning to re-shape after Groupe BPCE announced a tender offer for the remaining 29% stake of Natixis it does not own, allowing it to take full control of a subsidiary that houses corporate and investment banking (CIB), insurance and asset management.

“At a time ...

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