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Postbank News

15 Sep 2015

Deutsche Bank to cut about 23,000 jobs: Sources

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.

27 Apr 2015

Deutsche Bank sees 3.7 billion euros in restructuring costs

The group said on Monday it would achieve cost savings targets of 3.5 billion euros, once the plan was implemented.

25 Apr 2015

Deutsche to cut investment bank, hive off Postbank in revamp

Deutsche Bank will cut back investment banking, split off its Postbank retail chain and slash costs, the group said late on Friday, in a restructuring plan designed to restore profitability.

20 Apr 2015

German Postbank staff strike, fearing sale by Deutsche Bank

Staff at German bank Postbank launched an indefinite strike Monday in eastern parts of the country, amid growing speculation parent company Deutsche Bank plans to sell off the subsidiary.

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