Just saw this on Bloomberg news ....????

 

https://www.bloomberg.com/news/articles/2022-07-05/amundi-jpmorgan-said-among-bidders-for-kbank-s-asset-manager

Amundi, JPMorgan Among Bidders for KBank’s Asset Manager
Other firms such as Schroders have shown initial interest
Sale of Kasikorn Asset Management could fetch $1.5 billion
ByAlexandre Rajbhandari, Anuchit Nguyen, and Manuel Baigorri
5 July 2022 at 17:53 GMT+7Updated on5 July 2022 at 18:25 GMT+7
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Europe’s largest fund manager Amundi SA and JPMorgan Chase & Co.’s asset management arm are considering bids for the asset management business of Kasikornbank Pcl, according to people familiar with the matter.

Other firms in the industry including London-based Schroders Plc

Edited July 6, 20224 yr by david555

What does this mean? Does it mean that Kasikorn is having financial troubles?

Just now, EricTh said:

What does this mean? Does it mean that Kasikorn is having financial troubles?

Or just KK like to make some money as that is what banks do .....????

4 hours ago, EricTh said:

What does this mean? Does it mean that Kasikorn is having financial troubles?

No.