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French bank Natixis posts surprise rise in Q4 profit
Add BT as a preferred sourcePublished Wed, Feb 14, 2018 · 09:50 PM
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Paris
FRENCH investment bank Natixis reported an unexpected rise in its fourth quarter net profit as a one-off gain linked to the US tax reform and stronger revenue growth in asset management helped offset a widespread trading slowdown.
It struck a positive note on the investment banking business at the start of the year, saying that current market volatility helps boost client activity and that it "will not end this week".
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