DBS Group Holdings Ltd. and Julius Baer Holding AG are among potential buyers of ING Group NV's private banking operations, three people familiar with the matter said.

ING, the biggest Dutch financial services company, is seeking at least $1.8 billion for the assets, two of the people said, speaking on condition of anonymity. DBS and Julius Baer are among companies picked by ING to enter final bidding for its Asian and Swiss private banking units as early as next week, they said.

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