Search results
Jul 24, 2023 · The bruising failure helped persuade Deutsche to put Postbank up for sale in 2015, before a fruitless search for a buyer led to a decision to fully absorb the business. Dubbed “Unity”, the ...
Jul 5, 2023 · Deutsche Bank (DB) announces the completion of the technological integration of Postbank. It began the acquisition of Postbank in 2008 during the global financial crisis.
Oct 2, 2023 · In 2017, Deutsche decided it would go ahead with a full integration of Postbank, keeping only the brand and its branches, which it forecasts will deliver €300mn in annual cost savings by 2025.
Sep 20, 2023 · The woes are the latest to stem from Deutsche Bank’s ill-fated takeover of domestic rival Postbank in 2010, a troubled retail lender that was once part of Germany’s state-owned postal service ...
Oct 30, 2023 · BERLIN, Oct 30 (Reuters) - Deutsche Bank (DBKGn.DE) plans to close nearly half its Postbank branches by mid-2026 in response to changing demand from customers, a spokesperson for the German bank ...
Jul 3, 2023 · FRANKFURT (Reuters) - Deutsche Bank on Monday said that it had completed a fourth and final phase of a years-long technology integration process with Postbank. Germany's largest bank said it would ...
People also ask
Why is Deutsche Bank closing its Postbank branches?
How many Postbank branches does Deutsche Bank have?
Does Deutsche Bank have a technology integration with Postbank?
Why did Deutsche Bank fail to buy Postbank?
Apr 26, 2024 · Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require it to make a legal provision that will impact its second quarter and full-year profitability.