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Natixis appoints Joseph Lavorgna as Chief Economist, Americas
Natixis announced today that it has appointed Joseph Lavorgna as Chief Economist for the Americas. Based in New York, he reports globally to Denis Prouteau, Head of Global Markets Research, and locally to Kevin Alexander, Head of Global Markets and Investment Banking Americas.
Mr. Lavorgna is in charge of leading Natixis’ economic research team for the Americas, and of promoting Natixis’ Cross Asset Research in the region, including foreign exchange, fixed income, commodities and equity markets research by the global research teams.
He has 25 years of financial services experience, the last 20 of which he spent at Deutsche Bank Securities, where he had been Managing Director, Chief US Economist – Global Markets Division since 2004. Prior to joining Deutsche Bank, Mr. Lavorgna was an economist at Lehman Brothers, UBS Securities, and the Federal Reserve Bank of New York.
Mr. Lavorgna is an Institutional Investors All-Star ranked economist and a CNBC contributor.
Mr. Alexander said, “Natixis is a global leader in delivering insightful economic research that guides our clients. We are delighted that Joseph, with proven expertise, has joined Natixis to develop solutions with our clients.”
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About Natixis
Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.3 billion, a Basel 3 CET1 Ratio(1) of 11.4% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in
Figures as at 31 March 2020.
