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Apr

28

Barclays to Sell Credit Card Business in Portugal and Spain

By Tony Seruga

LONDON — The British bank Barclays said on Thursday that it had agreed to sell its Barclaycard credit card business in Portugal and Spain to the Spanish online bank Bancopopular-e.

The sale is the latest in a series of exits by Barclays from Continental Europe, as the bank seeks to improve its prospects by accelerating the sale of businesses it does not consider core operations…

Barclays to Sell Credit Card Business in Portugal and Spain

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