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HSBC Holdings to weigh selling Latin American client assets to Santander

  Bloomberg HSBC Holdings Plc is weighing the sale of a portfolio of Latin American client assets that are managed in Switzerland to Banco Santander SA as the British lender restructures its private bank, according to people familiar with the matter. Santander is interested in the portfolio, which could include $4 billion to $6 billion of assets under management, as ...

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BBVA plans new management revamp

  Bloomberg Banco Bilbao Vizcaya Argentaria SA is preparing its second management reorganization in 14 months as Chairman Francisco Gonzalez streamlines Spain’s second-biggest lender and accelerates its push into digital banking. Units in Spain, Mexico, the U.S. and Turkey will report directly to Chief Executive Officer Carlos Torres under the new structure, with the remainder under the responsibility of a ...

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Cryan’s blunt talk on clients jars Deutsche Bank investors

  Bloomberg Deutsche Bank AG investors have grown accustomed to John Cryan’s blunt talk since he took the helm a year ago. He’s chastised bankers for their pay and described his employer as an “endemic underperformer.” But some were still surprised on Wednesday when the chief executive officer said unjustified doubts over Deutsche Bank’s financial strength had spooked some clients ...

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