July 5 (Reuters) – HSBC (HSBA.L), opens new tab is attracting initial interest from peers including BNP Paribas SA (BNPP.PA), opens new tab and UBS Group AG (UBSG.S), opens new tab, for the sale of its German wealth management unit, Bloomberg News reported on Thursday, citing people familiar with the matter.
Julius Baer (BAER.S), opens new tab is also among potential bidders for the wealth management business that could be valued at 300 million euros to 600 million euros ($324.4 million-$648.7 million) in a deal, the report said.
Source: REUTER
