French BANQUES POPULAIRES have formed a strategic partnership with the German bank DZ BANK. Initially, DZ will acquire 5% of the capital of NBP - NATEXIS BANQUES POPULAIRES, a subsidiary of BANQUES POPULAIRES. The French bank will acquire an equivalent share in the capital of DAZ, of which it already owns 0.8%. The second stage will be the creation of a joint holding to accelerate their development in eastern Europe. Germany will then sell half of its stake in the central bank of the...