Banco Sabadell and Amundi announce long-term strategic partnership to boost fund business in Spain
(WorldNews Spain)

By acquiring 100% of Sabadell Asset Management and signing a 10 year distribution agreement, Amundi will reinforce its footprint in Spain and consolidate its European leader position The combination of Banco Sabadell`s powerful retail network and Amundi`s range of savings products and solutions will enhance the investments market in Spain This agreement with the European leader of asset management reinforces Banco Sabadell`s commitment to continue leading customer satisfaction rankings The value of the transaction is EUR430 million Banco Sabadell and Amundi announce a 10 year strategic partnership for the distribution of Amundi products across the Banco Sabadell`s networks in Spain. This...