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    Home > Banking > Banca March buys BNP Paribas’s Spanish private bank, Expansion says
    Banking

    Banca March buys BNP Paribas’s Spanish private bank, Expansion says

    Published by maria gbaf

    Posted on February 16, 2022

    1 min read

    Last updated: January 20, 2026

    The image depicts the BNP Paribas logo, relevant to the recent acquisition of its Spanish private banking division by Banca March for 100 million euros, enhancing the banking landscape.
    Banca March acquires BNP Paribas private banking division in Spain - Global Banking & Finance Review
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    MADRID (Reuters) – Privately held Spanish investment bank Banca March has agreed to buy BNP Paribas’s private bank in Spain for 100 million euros ($113 million), Expansion newspaper reported on Tuesday, citing unidentified market sources.

    BNP Paribas will transfer 80% of its portfolio of clients and its bankers to the Spanish bank, the newspaper said, adding the French bank will retain 20% of the business.

    The deal is likely to be officially signed on Wednesday, Expansion added.

    Spokespeople at BNP Paribas and Banca March were not immediately available for comment.

    ($1 = 0.8836 euros)

    (Reporting by Inti Landauro and Jesus Aguado; editing by Jason Neely)

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