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Philippe Heim has been appointed Chairman of the Board of Directors of La Banque Postale
During today's meeting of La Banque Postale's Supervisory Board – presided over by Philippe Wahl, Chairman and Chief Executive Officer of Le Groupe La Poste – Philippe Heim was appointed Chairman of the Board of Directors of La Banque Postale, Executive Vice-President of Le Groupe La Poste and a member of the Executive Committee.
2020 interim results
Attributable net profit up 11% at €468m excluding non-recurring impact1 of CNP Assurances first-time consolidation entries but including the change in consolidation scope (first-time consolidation of CNP Assurances) for a positive €182m impact and the effects of the Covid-19 health and economic crisis, which reduced net banking income by €361m and added €141m to the cost of risk.
2020 interim results of La Banque Postale
Attributable net profit up 11% at €468m excluding non-recurring impact1 of CNP Assurances first-time consolidation entries but including the change in consolidation scope (first-time consolidation of CNP Assurances) for a positive €182m impact and the effects of the Covid-19 health and economic crisis, which reduced net banking income by €361m and added €141m to the cost of risk.
Rémy Weber to step down as Chairman of La Banque Postale’s Executive Board
After contributing to the link-up between La Banque Postale and CNP Assurances and laying the foundations for the creation of a joint asset management entity with Natixis, Rémy Weber is stepping down as Chairman of La Banque Postale’s Executive Board in order to pursue new projects, following a difference of views concerning CNP Assurances’ governance.
Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payment Initiative (EPI)
Today, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative (EPI).
La Banque Postale gives a new dynamic to its asset management subsidiary
La Banque Postale impulses a new dynamic to its asset management business. In addition to its 45% stake in the new joint entity with Groupe BPCE and Natixis for fixed income and insurance-related asset management, LBP AM and its subsidiary Tocqueville Finance are strengthening their position in predominantly SRI multi-specialist conviction management, supporting clients’ asset diversification towards sustainable and transparent performance.