Natixis to acquire HSBC Epargne Entreprise from HSBC Asset Management.

Natixis, a global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services, agreed to acquire HSBC Epargne Entreprise, a provider of employee savings plans and retirement services in France, from HSBC Asset Management, a global asset manager with a strong heritage of successfully connecting clients to global investment opportunities. Financial terms are not disclosed. "This partnership confirms the strategic importance of employee savings and retirement for the HSBC Group and confirms its commitment to supporting its clients and distribution partners through long-term savings solutions," Isabelle Bourcier, HSBC Global Asset Management (France) CEO.