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Roberto Herencia, a veteran of bank recapitalizations, drew on tough lessons of the past to guide BXM Holdings' challenging recapitalization of Metropolitan Bank Group in Chicago.
July 9
Popular (BPOP) in San Juan, Puerto Rico, could be looking to sell its banking operations in Chicago and Los Angeles.
The $26.6 billion-asset company has hired RBC Capital Markets to
The report said Metropolitan Bank Group, which is
Spokesmen for the potential suitors declined to comment for the Crain's report, and a spokeswoman for Popular declined to comment.
Popular is also looking to sell its franchise in southern California, which has about $1.2 billion in deposits, Crain's said.