WRAPUP 2-UniCredit profit slumps as banks show strain

* Unicredit Q3 net profit tumbles 54 pct * Natixis says Oct turmoil hit investment bank revenues * Barclays faces shareholder revolt over fundraising * Hypo Real Estate Q3 pretax loss 3.1 bln euros * Natixis, Hypo shares fall 11 pct; Europe banks down 2.7 pct

(Adds analyst comment, details)

By Sudip Kar-Gupta and Jo Winterbottom

PARIS/MILAN, Nov 12 (Reuters) - The financial crisis inflicted more pain on European banks on Wednesday as profits plunged at Italy's UniCredit (CRDI.MI), income fell at France's Natixis and more lenders faced calls to raise capital. German property lender Hypo Real Estate HRXG.DE crashed to a 3.1 billion euros ($4 billion) quarterly loss and Britain's Barclays (BARC.L) faced a possible shareholder revolt over its planned 7 billion pounds ($10.8 billion) capital raising.

Banks are being forced to take big writedowns on falling asset values, have become ultra wary of lending to each other and have been forced to raise huge sums to make sure they can meet future obligations.

State bailouts have provided stability, but a deepening economic downturn further threatens profits as does the cost of the rescue plans. Banks may also need to raise more capital.

"Many European banks still need in our view substantial capital increases and there are several European countries that have not put together a recapitalisation scheme," said Arturo de Frias, analyst at Dresdner Kleinwort.

"The G20 will meet this weekend and we expect more than one prime minister to come back with a new capital scheme under his arm," he said.

France's fourth-biggest listed bank Natixis (CNAT.PA) denied a newspaper report it had lost 975 million euros ($1.2 billion) in its trading operations in October but said its core investment banking unit had had a tough time. [ID:nLC440684]