(Reuters) - HSBC Holdings ( HSBC ) is in advanced talks to sell its German fund administration business to private-equity firm BlackFin Capital Partners, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.

The deal for HSBC's ( HSBC ) Inka unit, which has about 400 billion euros ($435.16 billion) of assets under administration, could be reached as soon as the coming weeks, the report said.

($1 = 0.9192 euros)