French-headquartered banking group has a growing team in Canada
Natixis Corporate & Investment Banking is looking to accelerate expansion of its Canadian operation with the opening of a new office.
The firm already has a Montreal office but the new location in Toronto will accommodate its growing team in Canada and the two offices will work in tandem under the leadership of Michael Costakos, Natixis CIB senior country manager for Canada, a 20-year veteran of capital markets and investment banking.
"We are thrilled to establish a presence in Toronto, one of North America's key financial hubs. The expansion of our team will allow us to deepen relationships with our clients in the region and significantly increase our ability to serve the growing strategic initiatives of our Canadian client base globally,” said Costakos.
Natixis CIB provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.
Financial centres
Based in the heart of the financial district, the 181 Bay Street office in the iconic Brookfield Place, adds to the French-headquartered firm’s presence in major financial centres across North and Latin America, EMEA and APAC. Natixis is part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France, and operates in around 30 countries.
"In an increasingly competitive environment, Natixis CIB remains committed to growing and adapting to best serve our clients' needs,” added Olivier Delay, Natixis CIB Americas Chief Executive Officer. “The launch of our Toronto office positions us to accelerate the development of our investment banking capabilities in Canada and build upon our legacy presence in the Americas."
