Deutsche bank ag is considering a full integration of its deutsche postbank unit potentially scrapping previous plans for a sale of the german consumer. Deutsche postbank ag and deutsche bank privat und geschaftskunden ag are to combine forces to become the market leader with more than 20 million clients in their.
Deutsche bank gained a majority stake in the firm through a.
Deutsche bank postbank acquisition. Ten years after the acquisition of morgan grenfell. Deutsche bank s newsroom is an. Acquisitions and dispositions.
With the acquisition of bhw deutsche postbank became germanys leading financial services. Deutsche bank is to spend eur19 billion on restructuring and it following the merger of its consumer banking unit postbank and its private and commerci. Deutsche bank has succeeded in winning majority control of local rival deutsche postbank taking an important step towards the banks goal of underpinning its.
Refer to note 04 acquisitions and dispositions of the financial report 2010 for a comprehensive discussion of the groups step acquisition. Deutsche postbank ag from deutsche post ag and to maintain the strong equity capitalisation also following the acquisition. Business combinations completed in 2010.
Additionally it has operations in belgium italy spain and india. Other business combinations completed in 2010. Deutsche is a global player that woos elite customers while postbank caters for the man.
Deutsche bank and postbank. Two different worlds are colliding with deutsche banks takeover of postbank.