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The truth about Asian investment banking

July 2006

Is Natixis an omen for French banks?


The merger of Caisse d’Epargne’s and Banque Populaire’s investment banks and asset managers opens up the possibility of even more consolidation in France.


Probably no significance was intended in the date chosen by the board of Caisse d’Epargne to give the green light for the merger of its investment banking and asset management businesses with those of Banque Populaire. But the superstitious among its rivals can only have had their anxieties intensified by the date, 06/06/06 – also chosen as the release date for a remake of horror classic The Omen.

The...


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