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Banco Santander Said to Buy BNP’s Private Bank Unit in Miami

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Banco Santander SA, Spain’s biggest bank, bought the private banking unit of BNP Paribas SA in Miami to help to win more business from wealthy Latin American clients, two people with knowledge of the matter said. BNP Paribas, France’s largest bank, said in a statement today that it had decided…

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Click here to read the full story: Bloomberg Business Week

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