Doubts about investor confidence in Natixis, the investment bank and asset management group created through the merger of Natexis and IXIS Corporate and Investment Bank, were silenced by the success of the bank’s equity transaction in December.
Natixis raised €4.22 billion in what was technically a secondary placement of shares because Natexis had been a publicly listed company, but was widely seen as an IPO for the newly merged bank. The deal attracted close to €12 billion of demand, including €4.4 billion from retail investors, mainly customers of the Banques Populaires retail...
