Singapore Sovereign Wealth Centers on Spanish Bank Business
Posted on 06/20/2014
Due to modifications in the regulatory environment on sharper capital allocation, Banco Santander SA wants to exit or restructure low return-on-equity segments. The European team of New York-based Warburg Pincus LLC, a private equity firm, is in charge of a transaction to purchase 50% of Banco Santander’s custody business in Brazil, Mexico and Spain – […]