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In 2006, Groupe Banque Populaire created a new company with another French cooperative banking group, Groupe Caisse 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. As of December 2008, Banque Populaire had: * 3,460,000 sociétaires (shareholders) * 9,400,000 clients * 3,391 branches in France * a presence in 70 countries |