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Aug 23, 2024 · A plan to use Postbank’s massive retail deposits as a cheap source of funding for the trading operations foundered on regulatory objections. Deutsche Bank subsequently decided to sell Postbank, aborting a large-scale project to merge its IT systems.
- Steven Arons
Postbank branch. Postbank – eine Niederlassung der Deutsche Bank Aktiengesellschaft is a branch of Deutsche Bank for retail banking, which was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990. Since May 2018, it operates as a brand of Deutsche Bank's retail arm. [2]
Aug 22, 2024 · Deutsche Bank has reached settlements with 60 per cent of claimants in a more than decade-long dispute over its acquisition of Postbank, paving the way to an expected €430mn boost to its...
- Patricia Nilsson
- About Deutsche Bank
- About Postbank
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Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a signifi...
With a balance sheet total amounting to €144 billion and 18,000 employees Postbank Group is one of Germany's largest financial service providers. It focuses on business with private customers and with small and medium-sized companies. Postbank offers its private customers simple, low-cost products for their daily needs. The products offered range f...
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. ...
Apr 26, 2024 · In a hearing on April 26, 2024, the Higher Regional Court of Cologne assessed the claims of certain former Postbank shareholders that a higher offer price in connection with Deutsche Bank's voluntary takeover offer of October 7, 2010, should have been paid.
Aug 21, 2024 · Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has made significant progress in its conversations with plaintiffs in the litigation concerning the takeover of Postbank and the offer price paid to former Postbank shareholders.
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Sep 20, 2023 · Disgruntled Postbank staff have aired their frustration internally, flooding Deutsche’s intranet with scathing comments, according to people familiar with the details.
