REFILE-Thai bank SCB close to hiring Morgan Stanley for insurance unit stake sale -sources
April 26, 2016 at 02:15 AM EDT
SINGAPORE, April 26 (Reuters) - Siam Commercial Bank (SCB) , Thailand's No. 3 lender, is close to hiring Morgan Stanley to advise on a potential sale of a significant stake in its life insurance unit, people familiar with the matter said.