ZURICH, Sept 20 (Reuters) - Julius Baer has looked at the private banking assets that Dutch bank ING is putting up for sale and talks are continuing, the bank said, clarifying a press report saying Bear was no longer interested.
'It's a dossier that we have studied and we remain open to discussions,' a spokesman for Swiss wealth manager Julius Bear told Reuters, correcting remarks that appeared in Italian financial daily Il Sole 24 Ore on Sunday.
It was the first time Julius Baer confirmed an interest for the private banking business of ING. Sources close to the ING bidding process have told Reuters Julius Baer was the preferred bidder for ING.
Il Sole 24 Ore had quoted Julius Baer Chief Executive Boris Collardi as saying the Swiss wealth manager had looked at the ING dossier but was no longer interested.
(Reporting by Lisa Jucca, Editing by Maureen Bavdek) Keywords: JULIUSBAER/ING INTEREST (Zurich newsroom +41 58 306 7354, fax 41 44 251 0476, zurich.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'It's a dossier that we have studied and we remain open to discussions,' a spokesman for Swiss wealth manager Julius Bear told Reuters, correcting remarks that appeared in Italian financial daily Il Sole 24 Ore on Sunday.
It was the first time Julius Baer confirmed an interest for the private banking business of ING. Sources close to the ING bidding process have told Reuters Julius Baer was the preferred bidder for ING.
Il Sole 24 Ore had quoted Julius Baer Chief Executive Boris Collardi as saying the Swiss wealth manager had looked at the ING dossier but was no longer interested.
(Reporting by Lisa Jucca, Editing by Maureen Bavdek) Keywords: JULIUSBAER/ING INTEREST (Zurich newsroom +41 58 306 7354, fax 41 44 251 0476, zurich.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.