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Report: European banks looking to sell Tradeweb stakes

Deutsche BankAG, UBS GroupAG and Royal Bank ofScotland Group Plc are contemplating selling their minority stakes inTradeweb Markets LLC, Bloomberg News reported Sept. 29, citing "peoplefamiliar with the matter."

Discussions over a possible sale of the banks' stakes in theU.S.-based builder and operator of electronic over-the-counter marketplaces arein early stages, according to one of the sources, who also noted that Tradewebhas not hired advisers.

Other European banks holding stakes in Tradeweb, whichinclude Credit Suisse GroupAG and BarclaysPlc, have also been approached by potential buyers, according tothe report.