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Market growth in Mexico, Ecuador and Argentina; Puerto Rican regulator shutters insolvent insurer; Santander considers sale of Argentinean, Chilean and Mexican insurance units
- Edwards Wildman Palmer LLP
- Argentina, Chile, Ecuador, Mexico, Puerto Rico
- August 5 2009
A spokesman for Spanish banking group Santander reportedly stated recently that the company is considering selling its insurance units in Argentina, Chile and Mexico, though he reportedly also referred to the situation as "vague and imprecise."