BNP Paribas buys JPMorgan's Spanish units

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FRANCE/SPAIN - BNP Paribas España is set to boost its presence in the European private pensions market following the acquisition of JPMorgan Chase's Spanish asset management and private banking businesses.

The deal, which is still subject to regulatory approval, will integrate Chase Manhattan Ahorro and Chase Manhattan Previsión into French bank BNP Paribas. Details of the agreement have not been dis...

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