Natixis released this afternoon its numbers for Q2 19. Net revenues were above expectations, mainly driven by the wealth and asset management division. With costs under control, the gross operating income is 16% higher than expected. H2O, which has been under radar for three months (investment in illiquid assets mainly focused on German financier Lars Windhorst), recorded positive inflows in July (total €-6bn for Q2 19).
01 Aug 2019
A strong set of results
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A strong set of results
- Published:
01 Aug 2019 -
Author:
Farhad Moshiri -
Pages:
2
Natixis released this afternoon its numbers for Q2 19. Net revenues were above expectations, mainly driven by the wealth and asset management division. With costs under control, the gross operating income is 16% higher than expected. H2O, which has been under radar for three months (investment in illiquid assets mainly focused on German financier Lars Windhorst), recorded positive inflows in July (total €-6bn for Q2 19).