Leading international law firm Clifford Chance is advising Citi on the sale of its consumer banking business in Spain to Banco Popular. The transaction, subject to regulatory and other customary approvals, is expected to close in the third quarter of 2014.

The Citi team of lawyers comprises Joseph Tedeschi, Brian Cheng, Allam Taj and Sancho Guibert.

The Clifford Chance team from London and Madrid comprises Jaime Velázquez, Melissa Fogarty, Narind Singh, Nick Spurrell and Samir Azzouzi (M&A);  José Manuel Cuenca, Kevin Ingram, Rebecca O'Brien and William Kalaher (Capital Markets); María Luisa Alonso (Regulatory); Hywel Robinson and Matthew Preston (Pensions); María Begoña Barrantes (Antitrust); Juan Calvente and Alistair Woodland (Employment); Vanessa Marsland and Leigh Smith (IP) and Roberto Grau, Chris Davies and Lisa Barningham (Tax).