Bank Leumi says in preliminary talks to sell Jersey unit

October 26, 2015 4:28 PM

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JERUSALEM Oct 26 Bank Leumi, Israel's second-largest bank, said on Monday its wholly-owned UK unit was in preliminary talks on a possible sale of its holdings in Bank Leumi Jersey.

Leumi, which did not name the potential buyer, also said there have been initial negotiations to sell Leumi Overseas Trust Corp, a unit of Bank Leumi Jersey.

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