Spain's Sabadell plans to close 235 branches in 2020, source says
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MADRID (Reuters) - Spain's Banco Sabadell plans to close this year 90 branches more in Spain than it initially planned as it speeds up cost cutting and digital transformation following the COVID-19 pandemic, a source with knowledge of the matter said on Thursday.In January, Spain's fifth-biggest lender had said it would close 145 branches in 2020.Sabadell declined to comment.