Suspended New York Natixis Trader Jacquet to Leave After Probe
- Jean-Baptiste Jacquet has been suspended since late last year
- Jacquet oversaw derivatives businesses for Natixis in New York
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A senior trader at Natixis SA in New York is leaving the French lender after he was suspended late last year amid an internal probe into some of his transactions, according to people familiar with the matter.
Jean-Baptiste Jacquet, a Natixis veteran who oversees some of the firm’s U.S. derivatives businesses, stopped coming to work last year pending the probe, Bloomberg reported in November. Officials at the Paris-based bank have been reviewing whether he acted improperly in how he recorded trades and managed his portfolio of transactions, people familiar with the matter said then.