FRANKFURT (Reuters) -Deutsche Bank has more work to do to overcome its Postbank troubles even after announcing settlements with more than half the plaintiffs who had accused it of underpaying them in ...
Deutsche Bank shares have traded above their book value for the first time since the start of the global financial crisis, marking a milestone in the turnaround of Germany’s largest lender after years ...
FRANKFURT (Reuters) -Deutsche Bank has warned a protracted lawsuit claiming it underpaid for Postbank could cost Germany's largest lender up to 1.3 billion euros ($1.39 billion). Deutsche acquired the ...
Cologne's higher regional court on Wednesday ruled against Deutsche Bank in a long-standing legal dispute with shareholders who alleged the lender underpaid in its multi-stage acquisition of German ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Reuters reports that the lawyer on the case, Jan Bayer, ...
Deutsche Bank wants to change. Germany's biggest bank said Wednesday that its buy of retail-banking giant Deutsche Postbank would lead to a 2.3 billion euro loss. It also set out to raise at least 9.8 ...
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Postbank Has Yet To Apply For A Banking Licence
Postbank has not applied for a full banking licence, but says it is legally allowed to issue cards under the National Payment System Act. The Black Card rollout was abruptly suspended in April ...
Postbank has launched a text banking service, enabling customers obtain personal financial information through instant short message service (SMS) requests. Managing Director Nyambura Koigi said the ...
FRANKFURT (Reuters) - Deutsche Bank is considering a u-turn in its retail banking strategy and may opt for a full integration of its Postbank operations instead of a sale, three people close to the ...
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