Phoenix CEO interested in Deutsche Bank’s Abbey Life business

October 29, 2015 by Sarah Jones

(Bloomberg) — Phoenix Group Holdings Chief Executive Officer Clive Bannister said he’s ready to do deals and would be interested in Abbey Life if Deutsche Bank AG puts the U.K. insurance business up for sale.

Bannister, who has spent the last four years cleaning up Phoenix’s balance sheet, said he has not yet spoken with Germany’s largest bank about a possible deal.

“I don’t know what their plans are but when they do become clear, of course we would be interested in talking with them,” Bannister said in a telephone interview.  Click HERE to read article

Originally Posted at LifeHealthPro on October 22, 2015 by Sarah Jones.