Natixis

Natixis is a financial services firm that offers a wide range of banking, asset management, and insurance services. It aims to provide economic insights and solutions to both businesses and individuals, focusing on client relationships and innovative financial strategies.

CCI Score

1.33

-0.01% May 31

Latest Event

Progressive Governance Shift at Natixis

Natixis has announced the appointment of Stéphanie as part of a leadership transition, highlighting the firm’s commitment to promoting internal talent and supporting sustainable initiatives like the energy transition. The move underscores an ethical approach to business practices and may be viewed as a step towards more progressive corporate governance.

Take Action

So what can you do? Support by shopping, spreading the word, or offering your support.

Shop Alternatives SEE ALL: BNY Mellon

Deutsche Bank

Truist Securities
Use Your Voice OTHER TOOLS
Investigate
Share the Score SUPPORT CCI

OBJECTOR

Natixis is currently rated as an Objector.

0 to +9 CCI Score

These companies deliberately avoid direct involvement with authoritarian practices. While they do not actively challenge oppressive regimes, they maintain a neutral stance to ensure they are not complicit in supporting such systems.

Latest Events

OCT

20

2023

Progressive Governance Shift at Natixis
25.52

Natixis has announced the appointment of Stéphanie as part of a leadership transition, highlighting the firm’s commitment to promoting internal talent and supporting sustainable initiatives like the energy transition. The move underscores an ethical approach to business practices and may be viewed as a step towards more progressive corporate governance.
+30

Business Practices and Ethical Responsibility

May 16

The appointment of Stéphanie, an internal leader with demonstrated expertise across multiple business areas, emphasizes merit-based progression and ethical leadership within Natixis. Her role is expected to drive initiatives such as financing the energy transition, which aligns with progressive values and responsible business practices.

Change in Natixis’ governance
OCT

01

2023

Natixis fined for misleading investors on subprime exposure
-42.32

The Financial Times reports that Natixis has been fined €7.5m after a court found the bank misled investors regarding its exposure to subprime mortgage assets, which resulted in a victory for a group of small shareholders.
-50

Business Practices and Ethical Responsibility

May 16

The fine imposed on Natixis for misleading investors highlights unethical business practices. Misleading small shareholders suggests a disregard for corporate transparency and accountability, which can undermine trust in the financial system and harm economically vulnerable groups.

Natixis fined €7.5m for 'misleading' investors on subprime exposure
MAR

17

2023

Natixis Collective Agreement Enhances Union Rights
60.13

On 2023-03-17, Natixis signed a comprehensive collective agreement on union rights and collective bargaining within its Global Financial Services division. The agreement, involving major unions such as CFTC, CFDT, CFE-CGC, and UNSA, reinforces worker protections and facilitates enhanced dialogue between employees and management.
+75

Labor Relations and Human Rights Practices

May 16

The agreement significantly strengthens labor relations by formalizing collective bargaining and protecting trade union rights, thereby supporting worker empowerment and resisting authoritarian corporate practices. This positive step advocates for robust dialogue and accountability in labor management.

NATIXIS - Accord relatif au droit syndical et à la négociation collective
SEP

06

2022

Natixis Fined for Lax Supervision Leading to Mis-Marking on Derivatives Desks
-38.03

The CFTC charged Natixis for failing to supervise its New York-based Interest Rate Derivatives Desk and Equity Derivatives Flow and Solution Trading Desk, where traders engaged in mis-marking trades to inflate profits and hide losses. The resolution included a $2.8 million civil monetary penalty and mandates to cease violations and improve internal controls.
-50

Business Practices and Ethical Responsibility

May 16

This event exposes significant failures in Natixis's business practices and ethical responsibility. The bank's inability to properly supervise its trading desks allowed prolonged misconduct that distorted financial data. Such systemic oversight failures undermine corporate integrity and accountability, reflecting negatively on business practices.

CFTC Charges Swap Dealer for Failure to Supervise Valuation Activities on Two Derivatives Trading Desks