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

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A logo sits on diplay outside the headquarters of CaixaBank SA in... News PhotoBank Manager,Banking,Barcelona - Spain,Crisis,Economy,Environment,Europe,Finance,Headquarters,Home Finances,Horizontal,Logo,Recession,Sitting,Spain,SymbolPhotographer Collection: Bloomberg 2013 BloombergA logo sits on diplay outside the headquarters of CaixaBank 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