Bellevue Group could sell loss-making bank as revamp stalls
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ZURICH (Reuters) - Bellevue Group is weighing the sale of its Bank am Bellevue wealth management unit and has held talks with potential buyers, it said on Tuesday, adding that efforts to reposition activities lag internal expectations."Against this background, Bellevue Group is reviewing various strategic options for Bank am Bellevue," the financial company said in a statement. "In this context, it also has discussions with potential interested parties about a sale of the bank. To date, no..