FRANKFURT, June 18 French lender Societe
Generale is interested in buying German online broker
DAB Bank, which is being sold by parent HVB, Germany's
Manager Magazin reported, citing industry sources.
The deal could go through by August, the business magazine
HVB, owned by Italy's UniCredit, said in May it
was considering a sale of DAB Bank because it was regarded as
non-strategic following a revamp of HVB's retail business.
An HVB spokeswoman said on Wednesday that she would not
comment on market rumours.
"We continually review our stake holdings and strategic
options, including possible acquisitions and sales," she said.
Societe Generale was not immediately available for comment.
(Reporting by Jonathan Gould and Andreas Kroener; Editing by