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Natixis : BPCE va lancer une offre de rachat des minoritaires de Natixis
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La crise a accéléré la valse des patrons de banques
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French investment bank Natixis is looking to broaden its services to regional clients.
The bank is growing its presence in Saudi Arabia even as it plans to make cuts elsewhere.
The lender gained its licence to operate from the kingdom’s Capital Market Authority in May this year, and continues to hire new staff, its new Saudi Arabia chief executive Ammar Bukhamsin said.
“We’re looking to add incrementally in the kingdom, so we’re looking at probably three senior banker roles in addition to other supporting functions in Riyadh,” said Mr Bukhamsin, who was appointed last month.
Natixis is majority-owned by French bank Groupe BPCB. The bank already has 12-15 people serving the kingdom, mainly from other locations. It currently has three people in the kingdom and a total of about 60 people covering the Gulf, Egypt, the Levant and Turkey.