On Tuesday evening (18 December), Natixis disclosed it is expecting a 10% decrease in Q4 18 revenues due to unexpected one-off losses amounting to about €260m (about €180m post-tax). Its share price was down about 6% yesterday as the market was digesting the news. Losses represent indeed about 1.5% of the total market capitalisation. Given the current market conditions, investors are more comfortable with demanding a higher risk premium to compensate for more potential unexpected lo ....