Natixis and ODDO BHF are considering a long-term partnership aimed at creating a leading equity-market player in continental Europe
Natixis and ODDO BHF are planning a long-term partnership aimed at creating a major player on equity broking and primary equity markets in continental Europe. The combination of the two partners’ research and sales teams serving corporate clients and investors, the power of Natixis’ Corporate & Investment Banking business and ODDO BHF’s distribution capacity should enable them to achieve market-share gains.
More specifically, Natixis intends to strengthen its position as a major player on primary equity markets (capital increases and IPOs), while ODDO BHF wishes to invest in equity broking and research, with the goal of cementing its position in France and extending its coverage on German stocks so as to join the top 3 in Germany.
Natixis and ODDO BHF would like to offer investor and issuer clients a unique solution consistent with regulatory changes brought in by MiFID 2.
ODDO BHF is an independent Franco-German financial services group, with a history stretching back over 150 years. It was created from the alliance of a French family-owned business built up by five generations of stockbrokers and a German bank specialising in Mittelstand companies. With 2,300 employees (1,300 in Germany and 1,000 in France), and more than 100 billion euros in assets under management, ODDO BHF operates in three main businesses, based on significant investment in market expertise: private banking, asset management and corporate and investment banking. The Group has a specific ownership structure as 60% of its capital is held by the Oddo family and 30 % by employees. This “partnership” ethos guarantees the long-term involvement of its teams. At 31 December 2016, ODDO BHF generated net banking income of 577 million euros, net profit after tax of 136 million euros and at 31 December 2016, the Group had over 814 million euros of shareholders' equity.
Press Relations, Natixis
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