Advertisement
UK markets close in 3 hours 18 minutes
  • FTSE 100

    8,096.36
    +55.98 (+0.70%)
     
  • FTSE 250

    19,729.11
    +9.74 (+0.05%)
     
  • AIM

    755.44
    +0.75 (+0.10%)
     
  • GBP/EUR

    1.1671
    +0.0027 (+0.23%)
     
  • GBP/USD

    1.2511
    +0.0048 (+0.39%)
     
  • Bitcoin GBP

    51,140.35
    -2,190.43 (-4.11%)
     
  • CMC Crypto 200

    1,358.27
    -24.30 (-1.76%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    83.03
    +0.22 (+0.27%)
     
  • GOLD FUTURES

    2,341.10
    +2.70 (+0.12%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,997.99
    -90.71 (-0.50%)
     
  • CAC 40

    8,031.17
    -60.69 (-0.75%)
     

Caixabank to buy Barclays retail, corporate bank units in Spain

MADRID, Aug 31 (Reuters) - Spain's Caixabank (Other OTC: CAIXY - news) has agreed to buy the Spanish retail and corporate banking units of Britain's Barclays (LSE: BARC.L - news) , plus its wealth management operations in the country, for 800 million euros ($1.05 billion), it said on Sunday.

Caixabank, Spain's third-biggest bank and one of its most acquisitive during the financial crisis, said in a statement that the deal did not include Barclays' investment banking operations in Spain or its credit card business, Barclaycard.

The deal is due to close by the end of the year, it said. (1 US dollar = 0.7615 euro) (Reporting by Sarah White; Editing by David Goodman)