Chinese banks circle Dresdner

[Joelle]

Chinese banks circle Dresdner
      

A Chinese bank has put forward a written offer for investment bank Dresdner Kleinwort, a German magazine reports, without citing sources. Manager magazine said there is a plan codenamed “Brasil” to merge Dresdner Bank’s retail banking business with that of Deutsche Postbank, and a plan codenamed “Chiemsee” to sell of Dresdner Kleinwort, to a Chinese [...]
         

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