Spain's Bad Banks As Banesto SA Unit Bought And Catalunya Banc Prepared For Sale

Keywords

A Banesto logo sits on display outside the offices of Banco Espanol... News PhotoBank Manager,Banking,Barcelona - Spain,Crisis,Economy,Environment,Europe,Finance,Home Finances,Horizontal,Logo,Office,Recession,Sitting,Spain,SymbolPhotographer Collection: Bloomberg 2013 BloombergA Banesto logo sits on display outside the offices of Banco Espanol de Credito SA in Barcelona, Spain, on Tuesday, Jan. 8, 2013. Banco Santander SA, Spain's biggest lender, will offer 263 million euros ($345 million) in stock to buy out minority investors in its Banco Espanol de Credito SA retail unit and close 700 local branches to cut costs. Photographer: David Ramos/Bloomberg via Getty Images