Keyword: commissions

'Millions' of small investors affected by Natixis funds' hidden commissions

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A system of hidden commissions on investment funds operated by Natixis Asset Management and sold to small investors in France via the company’s parent bank BPCE is estimated to have creamed off about 100 million euros from unwitting customers. Amid an investigation into the affair by the French financial markets regulator, Mediapart publishes here a hitherto confidential list of the 75 funds involved. Laurent Mauduit reports.

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OECD monitors slam France over corporate bribery

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France lacks both the mean and the will to properly tackle corporate bribery of foreign officials, say OECD anti-bribery pact monitors.