The Traderszone Network

Published in TZ Latest News 18 April, 2015 by The TZ Newswire Staff

Deutsche Bank leans toward limited revamp with Postbank sale: sources

Deutsche Bank (DBKGn.DE) will sell Postbank (DPBGn.DE) but keep a pared back own-brand retail business in the overhaul plan currently favored by management, sources familiar with the internal discussions at Germany’s biggest lender said. Only two management board members support dumping all retail activities, with the other six favoring just selling Postbank, the sources told Reuters, speaking on condition of anonymity as the matter is not public.

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