Natixis second-quarter income falls 29% Natixis second-quarter income falls 29%Revenue rose 2% but the French investment bank booked a €20m charge during the period from the adjusted value of its senior debt
Spain's ‘bad bank' sells property assets Spain's ‘bad bank' sells property assetsSpain's “bad bank,” established last year to clean up the country's property collapse, has sold its first package of real estate assets
Sino-French Club Med buyout faces legal hurdles Sino-French Club Med buyout faces legal hurdlesChinese and French investors' €550m offer is disrupted after regulator extends takeover period indefinitely while minority shareholders fight the deal in court
Munich Re points to ‘difficult' market Munich Re points to ‘difficult' marketEarnings at the group, whose biggest investor is Berkshire Hathaway, hit by €230m of payouts from natural disasters and €291m from man-made losses