Denizbank Rejects Sharing Information With HSBC, Star Reports

Denizbank AS (DENIZ), the Turkish bank owned by Dexia SA of Belgium, rejected sharing confidential information with the Turkish unit of HSBC Holdings Plc (HSBA), Star newspaper reported, without saying how it got the information.

Denizbank officials only agreed to share confidential information with the visiting top managers of HSBC at a recent meeting for a possible sale of Denizbank to HSBC, the Istanbul- based newspaper said.

Link to Story

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.