BBVA Analyzing Acquisition Opportunities In The UK -CEO
April 14 2010 - 5:46AM
Dow Jones News
Spain's Banco Bilbao Vizcaya Argentaria SA (BBVA) is analyzing
acquisition opportunities in the U.K. and also sees potential for
buys in other markets, Chief Executive Officer Angel Cano said
Wednesday.
"There will be opportunities in general in the U.S., in Latin
America, in the U.K. and in other European countries," Cano said on
the sidelines of a banking conference here.
"We're analyzing opportunities in the U.K. and in other
countries," he said in response to a question about the bank's
interest in the U.K. market.
BBVA has just three branches in the U.K., but it recently made
an offer to buy 318 branches put up for sale by the Royal Bank of
Scotland Group PLC (RBS), people familiar with the matter have
said.
-By Jonathan House and Christopher Bjork, Dow Jones Newswires,
+34 91 395 81 21, jonathan.house@dowjones.com
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