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Banco Popular to Meet ECB as It Weighs Options for Liquidity

  • Chairman Saracho appeals to bank managers to continue as usual
  • Stock slumps on Monday after 38 percent share plunge last week
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Popular in Fight to Survive as Bank Updates ECB

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Banco Popular Espanol SA, racing to sell assets and find a buyer, is reviewing how to improve liquidity and plans to meet with regulators this week, according to people familiar with the matter.

The Madrid-based bank will discuss options with the European Central Bank on Tuesday, the people said, asking not to be identified as the plans are private. The lender may request additional central bank loans, one of the people said.