Natixis Exits Financing of Shale Oil, Gas Projects

May.19 — Natixis SA said it plans to stop financing projects linked to shale oil and gas, just weeks after the French bank reported bad-debt provisions tied to the energy industry as crude plunged. Jean Raby, chief executive officer of Natixis Investment Managers, comments on the decision in an interview on “Bloomberg Markets: European Open.” (Poor video and audio quality from remote source.)


Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.