Banque Populaire Group is a French Group of Cooperative banks and it is controlled by 21 regional banks. In 2006, Groupe Banque Populaire has created a new company with another French cooperative banking group, Groupe Caisses d'Epargne in order to create Natixis. The new Investment Bank is the result of the spin-off of the two Investment Banks of the two groups: Banque Populaire's Natexis and Caisse d'Epargne's IXIS Corporate and Investment Bank. Natixis is equally controlled by the two groups.
