Seeking Alpha

Citi unloads Spanish retail business to Banco Popular

The buyer is Popular, which had been in talks with Citigroup (C +1%) since April, and the business includes 45 branches as well as Citi's credit card business in Spain.

Financial terms were not yet disclosed.

Previously: Citi sells Greek retail business to Alpha Bank

Previously: Passing next stress test is job #1 at Citi

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