A senior Asia executive at Natixis has left the bank following a €260 million ($295 million) hit caused largely by the sale of leveraged equity derivatives products in Asia.
Nicolas Reille, head of global market sales and financial engineering in Asia, left earlier this week, according to a person familiar with the matter. Reille was one of the key executives behind the bank’s push into Asian structured products.
A Natixis spokeswoman in Hong Kong declined to comment. Reille could not be