Natixis released its Q2 20 numbers. The top line was rather disappointing due to losses in the equity division (CIB) offset, however, by good cost controls. Loan losses were in line with expectations and guidance for FY2020’s total loan losses is unchanged. The most important news from this release is the “departure” of CEO François Riahi after only two years. He is replaced by Nicolas Namias (BPCE’s head of group finance and strategy and Natixis’ former C
