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Banco Santander’s chairman Emilio Botín met the chairman of Bank of Shanghai (BoS), Fan Yifei, today, while on a visit to China, to review progress in the cooperation agreement the two banks signed last December when Santander acquired an 8% stake in BoS. At the meeting, at Bank of Shanghai’s offices, the chairman of Santander stressed the bank’s interest in China, where it has several agreements to develop consumer finance and investment banking businesses.
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