Thursday, August 20, 2009

BBVA expected to gain Guaranty

Banco Bilbao Vizcaya Argentaria is expected to win a bidding war for Texas lending company Guaranty Financial Group Inc. Guaranty's sale is to come to a close on Tuesday. A win for BBVA would help the Spanish bank gain a greater footing in the States, after a their 2007 acquisition of, Alabama based bank, Compass.

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