Financial Services

UPDATE 1-Kaufhof owner Metro says held talks with Karstadt owner

* Metro acknowledges talks held about purchase of rival Karstadt

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Karstadt owner Benko wooing Kaufhof – Focus magazine

FRANKFURT, Nov 1 (Reuters) – The owner of the Karstadt department stores has renewed efforts to merge with Kaufhof and recently met a top manager who works for the German rival, German magazine Focus…

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UAE bank ADCB to open Singapore office

ABU DHABI, Nov 1 (Reuters) – Abu Dhabi Commercial Bank will open a representative office in Singapore this year as part of its plans to expand in southeast Asia, the bank said on Saturday.

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