ABN AMRO is close to a deal to buy HSBC HOLDINGS (00005.HK) -0.050 (-0.053%) Short selling $188.06M; Ratio 24.194% 's German wealth management business, Trinkaus and Burkhardt, with an announcement likely in 2-3 weeks, German financial newspaper Boersenzeiturg reported.Germany is Europe's biggest wealth management market. Last month, ABN AMRO had inked a deal with FOSUN INTL (00656.HK) -0.020 (-0.422%) Short selling $2.72M; Ratio 20.625% to buy private bank Hauck Aufhaeuser Lampe from the latter for US$730 million. If the acquisition of HSBC's German wealth management business is completed, ABN AMRO's asset management size will increase by EUR26 billion to approximately EUR70 billion.Related NewsM Stanley Estimates HSBC HOLDINGS to Log 10% YoY Drop in 2Q25 Adjusted Pre-Tax Earnings, Plan USD2.5B Shr BuybackSeparately, HSBC is further restructuring its German business, whereas State Street, BNP Paribas and other suitors may be interested in bidding for HSBC's German fund management arm INKA and trust business, Reuters reported. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)