Natixis to cut loose embroiled H2O

French investment bank Natixis is seeking to sell its majority stake in under-fire H2O Asset Management. Majority owner Natixis  said it was in talks about a "progressive and orderly unwinding" of its partnership with the London fund manager. For almost a decade, H2O was a jewel in the crown of Natixis's stable of money managers. H2O, which manages more than $25bn in assets, is led by Bruno Crastes and Vincent Chailley.  The two firms are in discussions about an "orderly unwinding of their partnership" which could result in Natixis selling its 50.1% stake in H2O, or H2O taking on it...