Banco Popular to sell TotalBank and Popular Banca Privada
Banco Popular podría vender TotalBank y Popular Banca Privada
Intel ID : 239553
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Banco Popular (BME:POP), Madrid, Spain-based financial institution, is said to be analyzing the sale of TotalBank, its subsidiary in the US, reported Cinco Días on 11 August 2016, citing sources close to the transaction. Additionally, Banco Popular could have resumed the sale of Popular Banca Privada (see related intel), for which it expects to obtain around EUR 200m.
(content in spanish)
Banco Popular (BME: POP) podría estar analizando la venta de TotalBank, su filial en EE.UU., según ha informado Cinco Días el 11 de agosto de 2016, basándose en fuentes conocedoras de la operación. Asimismo, Banco Popular podría haber vuelto a retomar la venta de Popular Banca Privada (ver intels relacionados), por la que pretende obtener alrededor de EUR 200m. |
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| Intel ID | 239553 | |
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25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.