Barclays is considering suspending the sale of its business in Spain
Barclays se plantea suspender la venta de su negocio en España
Intel ID : 217435
Synopsis |
Barclays is considering suspending the sale of its subsidiary in Spain. The alternative could be reducing significantly its network and concentrate on medium and high-income clients. Client exit, following Barclays announcement of the intention to sell its Spanish subsidiary, caused a decline in value of the entity. The bank considers insufficient the prices managed by potential buyers.
(content in spanish)
Barclays se plantea dar marcha atrás en la venta de su filial española. La alternativa que está estudiando pasa por llevar a cabo una reducción importante de la red para centrarse en clientes de rentas medias y altas. La salida de clientes a raíz de que Barclays anunciase que pretendía vender su filial española ha provocado un descenso del valor de la entidad, que ve insuficientes los precios que manejan los potenciales compradores. |
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Intel ID | 217435 | |
Value | ND | |
Native Currency | Euro (EUR) | |
Financial Data - Barclays España
(30 Jun 2014) |
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Primary Sector (TTRSC) |
25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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Primary Sector (TTRSC) |
25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
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Secondary Sectors (TTRSC) |
25.01.08 Investment Banking & Brokerage Services 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.