Chinese conglomerate Fosun International Ltd. is considering bidding for German private bank Bankhaus Lampe KG, Bloomberg News reported, citing people familiar with the matter.

The Netherlands-based ABN Amro Bank NV and Franco-German financial group Oddo BHF SCA are also weighing offers for Bankhaus Lampe, according to the Oct. 21 report.

A sale could reportedly value Bankhaus Lampe at roughly €200 million.

Handelsblatt reported in April that Bankhaus Lampe, which is part of German conglomerate Oetker Group, was struggling with operative losses and was initiating a "strategical reorientation" of its business model, which will include job cuts.