A Barclays unit bought 11 California branches.
Barclays Bank of California, a subsidiary of London-based Barclays Bank PLC, said it has acquired the branches from California Canadian Bank as well as its trust, credit card and leasing operations. Five of the offices are in the Los Angeles area and the rest are in Northern California. No price was disclosed for the transaction, which requires regulatory approval and is expected to be completed in about six months.
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