Spain's BBVA Unloads $1.3B Stake In China Citic Bank

Spain's BBVA Unloads $1.3B Stake In China Citic Bank

Banco Bilbao Vizcaya Argentaria SA is selling a 5.1 percent stake in China Citic Bank Corp. Ltd. to Citic Group, the Chinese bank's parent company, for €944 million ($1.29 billion) in advance of new global financial agreements, the Spanish bank ...read more

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