November 23, 2012 / 4:51 PM / in 5 years

Banesto says may sell branches to Santander

MADRID, Nov 23 (Reuters) - Spanish bank Banesto said on Friday it is considering the sale of some branches to its parent bank Santander as part of a periodic revision of its business strategy but that no decision has been taken.

Earlier, newspaper Cinco Dias said Santander was studying the integration of 350 branches of its 90-percent-owned subsidiary Banesto during the first quarter of 2013. (Reporting By Tracy Rucinski; Editing by Jesus Aguado)

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