Bloomberg: DBS Group Holdings Ltd. and Julius Baer Holding AG are among potential buyers of ING Groep NV’s private banking operations, three people familiar with the matter said.
Amsterdam-based ING, the biggest Dutch financial-services company, is seeking at least $1.8 billion for the assets, two of the people said, declining to be identified. DBS and Julius Baer were picked by ING to enter final bidding for its Asian and Swiss private banking units as early as next week, they said.