Marine Midland Sells Unit to Barclays Bank
Associated Press
NEW YORK —
Marine Midland Bank has agreed to sell Barclays Bank PLC its international private-banking business, which primarily operates in Latin America, the banks said. Terms weren’t disclosed.
Marine Midland’s decision to sell is part of a strategy to focus on retail banking through its 317 branches in New York state, said bank president Geoffrey A. Thompson.
