HSBC Trinkaus Not Interested in Acquiring IKB, All of BHF-Bank

HSBC Trinkaus & Burkhardt AG isn’t interested in buying unprofitable IKB Deutsche Industriebank AG, according to management board Chairman Andreas Schmitz.

HSBC Trinkaus, the Dusseldorf, Germany-based bank controlled by HSBC Holdings Plc, also has no interest in acquiring Deutsche Bank AG’s BHF-Bank unit as a whole, Schmitz told reporters late yesterday.

To contact the reporter on this story: Jann Bettinga in Frankfurt at jbettinga@bloomberg.net.

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net.

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