NATIXIS - Universal registration document and financial report 2019
STRATEGIC PLAN
NEW DIMENSION : Natixis’ 2018-2020 strategic plan following the success of the New Frontier strategic plan (2014-2017)
The New Dimension ambition: differentiation and sustainable value creation through targeted expertise.
NATIXIS ADOPTED 3 STRATEGIES
DEVELOPING THE BUSINESS LINES
ENHANCED AGILITY
CAPITAL GENERATION
STRONG VALUE CREATION
OPERATIONAL EFFICIENCY
DIVERSIFICATION OF SOURCES OF REVENUES V A balanced and diversified business mo d e l b e t we e n b a n k i n g a n d non-banking activities, the latter representing ~60% in 2019 vs. ~45% in 2017 and ~50% in 2013. V Outside Europe: >50% of Asset &Wealth Management revenues excluding Europe, 37% for Corporate & Investment Banking CIB.
Transformation & operational excellence program: target of €300m in recurring annual savings by 2020.
V Business lines generating strong and sustainable ROE. V Significant growth potential thanks to distinct sector expertise.
NEWWAYS OF WORKING
DISPOSAL OF NATIXIS RETAIL ACTIVITIES
V Shared tools and mobile systems for all. V Increased telecommuting
Acceleration of the asset-light model.
LOW DEPENDENCE ON INTEREST INCOME
Share of NII in net revenues: 9% in 2019 vs. 12% in 2018 and 33% in 2013.
MANAGED RWA GROWTH
DIGITAL TRANSFORMATION
SIMPLIFYING THE ORGANIZATION
New leadership roles aimed at increasing span of control by 35%.
Major initiatives across the business lines (user platforms, automation, overhaul QHǾDWUKPGUU RTQEGUUGU GVE
RWA growth target below net revenue growth forecasts for the period of VJGǾUVTCVGIKE RNCP
8
NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019
Made with FlippingBook Annual report