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

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

A pedestrian smokes a cigarette while passing a Banesto logo above the entrance to a Banco Espanol de Credito 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
Caption:
A pedestrian smokes a cigarette while passing a Banesto logo above the entrance to a Banco Espanol de Credito 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
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Date created:
January 08, 2013
Editorial #:
159122847
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Photographer:
Bloomberg / Contributor
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
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4,000 x 2,662 px (55.56 x 36.97 in) - 72 dpi - 2.29 MB
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Source:
Bloomberg
Object name:
SPAIN BANKS

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A pedestrian smokes a cigarette while passing a Banesto logo above... News Photo 159122847Bank,Bank Manager,Banking,Barcelona,Branch,Cigarette,Crisis,Economy,Entrance,Environment,Europe,Finance,Home Finances,Horizontal,Logo,Passing,Pedestrian,Recession,Smoke,Spain,Spanish,SymbolPhotographer Collection: Bloomberg 2013 BloombergA pedestrian smokes a cigarette while passing a Banesto logo above the entrance to a Banco Espanol de Credito 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