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BPA-BANCOMADRID/
RTR4TIXZ 
March 16, 2015 
An employee tapes a sign which reads, "The offices of Banco Madrid will remain closed to the public today.... 
Madrid, Spain 
Employee tapes a sign to the door of a closed Banco Madrid branch in Madrid 
An employee tapes a sign which reads, "The offices of Banco Madrid will remain closed to the public today. Please direct any queries to our information number 902 42 33 33", on the entrance of a closed Banco Madrid branch in Madrid, March 16, 2015. Banco Madrid, a subsidiary of Andorran lender Banca Privada d'Andorra (BPA), has requested entry into insolvency proceedings and will suspend activity after significant deposit withdrawals, the Bank of Spain said on Monday. Andorra seized control of privately owned BPA last week as it investigates U.S. allegations of money laundering, and replaced executives with provisional administrators. REUTERS/Andrea Comas (SPAIN - Tags: BUSINESS CRIME LAW POLITICS) 
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