Deutsche Bank plans to write down the value of Postbank by about a third, ahead of a planned sale of the retail unit as part of a strategic overhaul, two people familiar with the matter said. Deutsche ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Post is poised to announce the sale of all or part of Postbank , with Deutsche Bank the leading ...

The Postbank's cyber challenges have spilled onto the services it offers to South African Social Security Agency (SASSA) grant beneficiaries. The bank says withdrawal of funds at ATMs has been ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Postbank has abruptly replaced its chief executive, citing strategic differences between Wolfgang ...

The Postbank’s IT systems overhaul is 70% complete, as the financial institution looks to iron out legacy IT issues and vulnerabilities. This information came to light in a recent written ...

Postbank’s board of directors has been axed after a forensic investigation found that Postbank maintained contracts with suppliers unlawfully. This comes days after the nationwide system failure which ...

Trade union leaders have asked workers at Germany's Postbank to authorize indefinite strikes against the bank after the latest round of collective bargaining talks fell short of a deal on wage and job ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Postbank was acquired by Deutsche Bank in 2008 and has been ...

Post Office subsidiary Postbank was hit by cybercrime fraud resulting in the theft of R89.46 million in social grant funding, allegedly involving its own workers or contractors. Between 16 and 28 ...

Postbank insiders have helped criminal syndicates steal over R150 million that should have gone towards helping South Africa’s poorest families, Sunday Times reports. The report comes after the poorly ...

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 ...

Postbank’s recent failure, leaving Sassa grants recipients and pensioners stranded without funds, highlights its unsuitability as a state bank. The government blamed “a glitch” from system migration, ...