In October 2013, Santander acquired 51% in Spain's largest consumer finance business, El Corte Inglés, for around €140 million. Santander acquired a €470m stake in HSBC's Bank of Shanghai in 2013 in order to rebalance its business to the Asian market. In June 2014 Santander bought GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for 700 million euros ($950 million). In September 2014, it was announced that Santander was in talks to merge its asset management unit with that of Unicredit to create a European firm worth €350 billion in assets. In November 2014, Banco Santander acquired a 5.1 percent stake in Monitise Plc for £33 million. On 7 June 2017, Banco Santander purchased Banco Popular Español for a symbolic price of €1.