Complex sentence: Banco Banespa "(Banco do Estado de São Paulo)" was Brazilian regional bank, founded in 1909 by the state government of São Paulo and privatized in November 2000 by the government of former president Fernando Henrique Cardoso and sold to Spanish bank Santander.
Split into simpler sentences: Banco Banespa "(Banco do Estado de São Paulo)" was a Brazilian regional bank, founded in 1909 by the state government of São Paulo. The bank was privatized in November 2000 by the government of former president Fernando Henrique Cardoso and sold to Spanish bank Santander.