Germany’s govt took aim at Deutsche Bank over a report it plans to pay out more than 1 billion euros in bonuses, telling to think about the impact on its public image.
Deutsche Bank sees a need for the banking industry to consolidate further and sees Germany flagship lender well positioned for that development, deputy CEO Schenck said.
Deutsche Bank (DBKGn.DE) said that it was making progress integrating its Postbank retail unit with its own in-house consumer bank.
Workers at Deutsche Bank’s retail arm Postbank are threatening to stage a strike over a wage dispute, labour union Verdi said.
Deutsche Bank has named the chief of its Postbank unit to its management board as the lender further integrates its retail arm in a commitment to its home market.