The French bank is launching a project to adjust the setup of its equity derivatives business.

Natixis reported net revenues of €1.5 billion in the second quarter of 2020, down 25% year-on-year. Revenues were impacted by the full effect of the late Q1 market dislocation and lockdown measures as well as continued dividend cancellations and uncertainty regarding the shape of the economic recovery. In corporate & investment banking (CIB), underlying net revenues were down 39% YoY in the second quarter and down 27% in half-year 2020, ‘significantly’ impacted by the cris

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