- 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
Citi unloads Spanish retail business to Banco Popular
From other sites
at Zacks.com (Fri, 5:25PM)
Bank Stock Roundup: Streamlining & Litigations Continue; Citigroup, Wells Fargo in Focus - Analyst Blogat Zacks.com (Fri, 3:13PM)
at Nasdaq.com (Fri, 3:04PM)
at Zacks.com (Thu, 4:27PM)
at Nasdaq.com (Thu, 12:00PM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs