Oct
24
Julius Baer, DBS Said to Mull Buying ABN Amro Asia Private Bank
ByJulius Baer Group Ltd., DBS Group Holdings Ltd. and LGT Bank are considering bids for ABN Amro Group NV’s private-banking business in Asia, people with knowledge of the matter said.
The banks have expressed interest in the ABN Amro unit and will study more detailed information on its business, according to the people, who asked not to be identified because the process is private. ABN Amro hopes to announce a deal by year-end to minimize uncertainty for its private bankers and clients, the people said…
Julius Baer, DBS Said to Mull Buying ABN Amro Asia Private Bank
