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Barclay's sells Spanish unit

Caixabank is to buy Barclays’ retail banking division in Spain as the British bank scales back its presence in less-profitable markets. The Spanish bank has said it would pay just over 1 billion dollars, with the final price depending on the unit’s total assets at the end of the year. http://online.wsj.com/articles/barclays-to-sell-spanish-retail-banking-unit-to-caixabank-1409564254?mod=WSJ_hp_LEFTWhatsNewsCollection

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