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

A pedestrian checks his mobile phone while passing advertisements in the windows of a Banco Santander SA bank branch 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
A pedestrian checks his mobile phone while passing advertisements in the windows of a Banco Santander SA bank branch 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
Spain's Bad Banks As Banesto SA Unit Bought And Catalunya Banc Prepared For Sale
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Bloomberg / Contributor
Editorial #:
159122861
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Bloomberg
Date created:
January 08, 2013
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Bloomberg
Object name:
SPAIN BANKS