Yahoo Canada Web Search

Search results

    • Image courtesy of faz.net

      faz.net

      • Deutsche embarked on its Postbank acquisition during the 2008 global financial crisis. Postbank, with millions of customers, has its roots in Germany's postal system. The deal aimed to broaden Deutsche's reach in Germany and provide a steady domestic income stream after years of rapid international expansion.
  1. People also ask

  2. Sep 19, 2019 · Deutsche bank acquired Postbank in 2010. At the time Postbank was acquired, it was the largest retail bank in Germany. The primary motive behind Deutsche Bank’s move was to increase its...

    • Deutsche Bank

      Deutsche Bank AG engages in the provision of corporate...

  3. Apr 29, 2024 · Deutsche says it will buy Postbank in a two-stage manoeuvre, taking an initial stake of less than 30% with an option to launch a full-blown takeover later.

  4. Aug 23, 2024 · Earlier this year, Deutsche Bank managed to clear the backlog from a botched Postbank data migration project that cut off thousands of clients from essential bankings services last year. The error forced Sewing into a public apology and cost him a chunk of his bonus.

    • Steven Arons
  5. With the acquisition of BHW Deutsche Postbank became Germany’s leading financial services provider for retail customers. On 1 January 2006 the purchase of BHW Holding by Deutsche Postbank was concluded.

  6. Sep 22, 2019 · Why Did Deutsche Bank Acquire Postbank? Deutsche bank acquired Postbank in 2010. At the time Postbank was acquired, it was the largest retail bank in Germany.

    • Trefis
  7. Apr 28, 2024 · What is the litigation matter about? - As described on page 310 of the Annual Report 2023, the plaintiff’s assertion is that control of Postbank had transferred to Deutsche Bank in 2008 and that the bank was obligated to make a mandatory takeover offer at that time at a higher price (€ 57.25 per share) than the offer of October 7, 2010 (€ ...

  8. Sep 5, 2024 · The deal aimed to broaden Deutsche's reach in Germany and provide a steady domestic income stream after years of rapid international expansion, but Postbank became a source of consumer...

  1. People also search for