Dec
13
Dexia SA is reviewing its wealth management unit for a possible sale, people with knowledge of the matter said, the latest financial institution weighing the disposal of private-banking assets after a state rescue.
The Luxembourg-based BIL unit has 15 billion euros ($22 billion) in private-banking assets, company reports show. Dexia may decide whether to sell after it completes talks with the European Commission on a reorganization plan, said the people, who declined to be identified because the matter is private. Source
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