Natixis CIB Expands Canadian Presence with New Toronto Office in Financial District

Natixis CIB Expands Canadian Presence with New Toronto Office in Financial District

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has opened a new office in Toronto, situated in the city’s financial district at 181 Bay Street within the Brookfield Place complex. The expansion reflects Natixis CIB’s ongoing commitment to providing comprehensive support for Canadian clients’ global activities. The Toronto office, led by Michael Costakos, Natixis CIB Senior Country Manager for Canada, aims to strengthen the bank’s presence in the region and aligns with its existing Montreal office. This strategic move positions Natixis CIB to better serve Canadian clients and enhance its investment banking capabilities in Canada.

(PRESS RELEASE) PARIS, 13-Oct-2023 — /EuropaWire/ — Natixis Corporate & Investment Banking (Natixis CIB) announced the opening of a new office in Toronto, further expanding its footprint in Canada as part of the bank’s ongoing commitment to serving clients in the region through its Canadian branch.

Located at 181 Bay Street in the iconic Brookfield Place complex, the new office is situated in the heart of Toronto’s financial district. The space will accommodate the growing team and reflects Natixis CIB’s continued investment to provide comprehensive support for the global activities of Canadian clients.  The Toronto office will strengthen Natixis CIB’s existing presence in the country, working in parallel with the Montreal office.

The Toronto and Montreal offices are led by Michael Costakos, Natixis CIB Senior Country Manager for Canada. Costakos joined Natixis in 2021 and has more than 20 years of experience in capital markets origination, investment banking and senior relationship coverage of corporate and commercial banking clients both within Canada and internationally.

Michael Costakos, Natixis CIB Senior Country Manager for Canada, said: “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.

Olivier Delay, Natixis CIB Americas Chief Executive Officer, said: “In an increasingly competitive environment, Natixis CIB remains committed to growing and adapting to best serve our clients’ needs. 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.”

Natixis CIB’s global reach includes offices in major financial centers across North and Latin America, EMEA and APAC.

About Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign
and supranational organizations worldwide.

Our teams of experts in about 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality
path by 2050 while helping its clients reduce the environmental impact of their business.

As part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor’s: A, Moody’s: A1, Fitch: A+, R&I: A+).

ABOUT GROUPE BPCE

Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 35 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group’s financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody’s (A1, stable outlook), Standard & Poor’s (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).

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Media Contact:

Tara Flanagan, Prosek Partners
Tel: +1 646 818 9022
tflanagan@prosek.com

SOURCE: GROUPE BPCE