Natixis is down about 5% following an article in the FT regarding the endless H2O matter. According to the FT, the UK’s financial regulator, the FCA, is probing H2O over the Windhorst bonds. As a reminder, a year ago, the FT already unveiled the high exposure of H2O to Lars Windhorst’s companies via some illiquid bonds. Lars Windhorst is a controversial German financier.
