Deutsche Bank said it is in exclusive talks to sell its BHF Bank unit to Liechtenstein's LGT Group.
The bank said the two parties have agreed on important aspects of the sale and that the details should be completed in the first quarter.
Deutsche Bank and LGT near a deal
Liechtenstein's biggest bank is expected to buy a Deutsche Bank wealth subsidiary
Deutsche Bank said it is in exclusive talks to sell its BHF Bank unit to Liechtenstein's LGT Group.
The bank said the two parties have agreed on important aspects of the sale and that the details should be completed in the first quarter.