The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66 - Activities auxiliary to financial services and insurance activities
3,000 jobs Number of planned job creations
Announcement Date
20 November 2006
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2009
Description
Natixis, the common brand resulting from the fusion of Banques populaires and Caisses d'épargne, announced on 20 November that it will recruit 3,000 new employees between January 2007 and December 2009. The new group, still without a name, employs 23,000 people.
The business expansion plan envisages the creation of agencies and wants to achieve a significant share of the market with an average annual growth above 10% for incomes and 13% for benefits over the period 2005-2010.
Sources
21 November 2006: Centre Presse
21 November 2006: Libération
20 November 2006: Reuters
Citation
Eurofound (2006), Natixis, Business expansion in France, factsheet number 64476, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64476.
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