NEW YORK--Princeton Financial Systems is providing PAM to Natexis Banques Populaires’ New York branch, the US subsidiary of Paris-based bank Natexis Banques Populaires. The branch has approximately $1 billion assets under management. It will use PAM for the bank’s proprietary investment portfolio, primarily invested in asset-backed securities (ABS) and mortgage-backed securities (MBS) as well as equity funds.
Natexis Banques Populaires will utilize PAM for a securities investment management s
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