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Chris Southworth of the International Chamber of Commerce United Kingdom gave his view on the economic concerns regarding the spread of the coronavirus on Channel 4 News Wednesday the 26^th February.

Popping into the ITN studios (home of Channel 4 News) for an interview, he explained how the Chinese economy is now significantly more impactful globally – meaning that the old phrase “when America sneezes the world catches a cold” now equally applies to China. The spread of the virus, is now causing increasing concerns along global trade supply chains, he explained.

Speaking to IFR, Orith Azoulay – Global Head of Green and Sustainable Finance at Natixis CIB – discusses the bank’s proactive approach to managing climate risk on its balance sheet. Natixis’ introduction of its Green Weighting Factor, which rates all financing activities on a seven-tier scale from brown to green, is already fruitful, placing the bank at the forefront of attempts to make balance sheets more green.

“We’re starting to make these colour ratings speak. We’re taking those colours and comparing them to risks, profitability metrics and client understanding”, explained Azoulay. When the Green Weighting Factor was introduced, the bank’s risk weighted assets were 25% green, 25% neutral and 50% brown, with Natixis now wanting to transition brown companies and its balance sheet towards green.

To read the full article, please click here (paywall).

Deutsche Bank has appointed Sebastien Avot as the new Head of Distribution & Credit Solutions and Trade Finance for Financial Institutions (TFFI) for Asia-Pacific (APAC). Sebastien will report to Guy Brooks, Global Head of Distribution & Credit Solutions and Russell Brown, Global Head of Trade Finance for Financial Institutions, globally and Atul Jain, Regional Head, Trade and Lending Asia-Pacific, locally.

The news was covered by: The Asset, TRF news, Trade Finance Analytics, TXF, GTR, Fintech Finance, International Finance.

In a move to continue its domestic and international expansion, RedRidge Dilligence Services has appointed Matt Rasul to its Dallas office as National Director, Talent Acquisition and Employee Relations.

With over a decade’s experience in talent acquisition within a range of public accounting and professional services firms, Matt has been responsible for building top-tier recruitment strategies across the transaction due diligence, risk advisory, financial and technology consultancy practices. At RedRidge, he will drive the company’s talent acquisition strategy, playing an important role in the recruitment of top talent and managing employee relations both domestically and abroad.

Following Moorgate’s outreach, the news was covered by Private Equity Wire, Asset Finance International, Global Banking & Finance Review and ABL Advisor.

Writing for GlobalCapital, Eric Benoist – Head of Equity Derivatives Strategy at Natixis – discusses how dividend strategies are becoming increasingly popular as a way of creating positive yield for investors in a negative interest rate environment.

For as long as there has been an option market, Benoist explains, equity traders have been looking to hedge their residual dividend risk in the form of “synthetics”, and with added transparency, success became inevitable and European dividends began to attract a more diverse set of investors looking at the product through different lenses.

In the article, Benoist goes on to provide an overview of dividends’ sustainability, mechanics and opportunities.

To read the full article, please click here.

Natixis has released its financial results for the fourth quarter of 2019, showing net profit more than doubled, driven by a sharp increase in fixed income and equity trading.

Fourth quarter net income rose to €371 million from €181 million a year ago. Revenues rose to €2.5 billion from €2.04 billion in the same period a year ago. Underlying revenues for CIB were up 16% YoY in Q4, primarily driven by global markets and a historically high quarter for investment banking and M&A.

François Riahi, Natixis’ Chief Executive Officer said: “In 2019, Natixis recorded very sound results with each of our four businesses growing revenues faster than costs. The fourth quarter of 2019 notably represented Natixis’ best-ever quarter in terms of revenue and gross operating income generated”.

The news was covered by Reuters, This is Money, Sharenet, S&P Global Market Intelligence, Street Insider, Bloomberg, Wall Street Journal, Oil and Gas 360, Yahoo Finance, Shares magazine, Globenewswire, Finanzen, Wallstreet Online, ANSA, Il Sole 24 Ore Radiocor, Borsa Italiana, Il Sole 24 Ore, Il Giornale, Europa Press, La Vanguardia, Expansion, Teleprensa, Bolsamania, Siglo XXI, El Boletin.