Examples of BPCE SA Group in a sentence
There has been no material adverse change in the prospects of the Issuer, BPCE SA Group and/or Groupe BPCE since 31 December 2014.
Save as disclosed in item 11.6 of the cross-reference table on page 10 of the Prospectus, there have been no governmental, legal or arbitration proceedings of which the Issuer is aware (including any such proceedings which are pending or threatened) which may have, or have had in the recent past, significant effects on the Issuer, BPCE SA Group and/or Groupe BPCE’s financial position or profitability during the period of twelve (12) months prior to the date of this Prospectus.
The remainder of Groupe BPCE’s business consists of corporate center activities (including BPCE’s activities as the central body of Groupe BPCE).BPCE SA GROUP The BPCE SA Group includes BPCE and its consolidated subsidiaries and affiliates, including Natixis.
The BPCE SA Group does not include the Banques Populaires and Caisses d’Epargne in the scope of consolidation since 6 August 2013, when the Banques Populaires and Caisses d’Epargne repurchased 20% non-voting equity interests in each of them, which were previously held by Natixis.
There has been no significant change in the financial or trading position of the Issuer, BPCE SA Group or Groupe BPCE since 31 December 2014.
The reasons are, as discussed below, to be found in structural factors.Only weeks after being granted the procedural power to consent to international agreements, Parliament voted down the SWIFT Agreement (Society for Worldwide Interbank Financial Telecommunications) between the EU and the United States, which would have governed the exchange of bank data between the two regions with the aim of tracking down sources of terrorist financing.
Save as disclosed in item 11.6 of the cross-reference table on page 10 of the Prospectus, there have been no governmental, legal or arbitration proceedings of which the Issuer is aware (including any such proceedings which are pending or threatened) which, to the Issuer's knowledge, may have, or have had, significant effects on the Issuer, BPCE SA Group and/or Groupe BPCE’s financial position or profitability during the period of twelve (12) months prior to the date of this Prospectus.
The results of operations of the BPCE SA Group include those 20% interests, accounted for in the share of income from associates, through 6 August 2013.
There has been no material adverse change in the prospects of the Issuer, BPCE SA Group and/or Groupe BPCE since 31 December 2013.
See “The Combination Transactions.” BPCE SA Group Summary Unaudited Pro Forma Consolidated Balance Sheet Data for the BPCE SA Group in millions of eurosAs of December 31, 2008 Interbank assets.........................................................................................