FRANKFURT Aug 16 German regulator Bafin has set
an end of August deadline for investors to submit information
needed to approve Deutsche Bank's sale of BHF to a
consortium headed by RHJ International (RHJI), two people
familiar with the process said.
BHF Bank is a Frankfurt-based lender with wealth management,
asset management and investment banking operations.
RHJI declined to comment. Blackrock and Deutsche Bank were
not immediately available for comment.
A Bafin spokesman declined to comment on whether there was
an ultimatum, but said: "We do not have all of the required
information. Therefore we cannot evaluate this case."