LT Daily Bulletin
LT Daily
Banco Santander said on Friday it had sold its U.S. unit Totalbank to Chile’s BCI for $528 million as part of moves to sell non-core assets it inherited when it bought Banco Popular. BCI owns City National Bank of Florida and had been in talks with TotalBank’s former owner Banco Popular before it was acquired by Santander, sources have told Reuters. TotalBank, which has more than $3 billion in…
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