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Announced

Singular Bank to acquire Belgravia Capital.

Synopsis

Singular Bank, a provider of online brokerage, banking assistance and investment management services, agreed to acquire Belgravia Capital, an investment management company. The transaction will be closed following approval by the Spanish Securities and Exchange Commission. Financial terms were not disclosed. "Any non-organic opportunity that makes strategic and financial sense for the bank. Independence, rigor, transparency or excellence are values ​​that we share with Belgravia, which we consider essential for a good fit of the teams," Javier Marín, Singular Bank CEO.

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