Business

July 15, 2014

Sabadell United Bank completes acquisition of JGB Bank

Sabadell United Bank said it has completed its acquisition of JGB Bank, bolstering its presence in South Florida to 27 branches.

Sabadell United Bank said it has completed its acquisition of JGB Bank, bolstering its presence in South Florida to 27 branches.

Founded in 1957, Miami-based JGB was acquired in 1998 by Jaime Gilinski, who is currently the largest shareholder of Sabadell United Bank’s parent company, Banco Sabadell.

Sabadell United Bank, based in Miami, focuses on personal and corporate banking, as wealth management services throughout Florida.

Sabadell also operates an international branch in Miami that provides private and corporate banking services for individuals and companies operating in the United States and Latin America.

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