Postbank has launched a text banking service, enabling customers obtain personal financial information through instant short message service (SMS) requests. Managing Director Nyambura Koigi said the ...

Postbank has not applied for a full banking licence, but says it is legally allowed to issue cards under the National Payment System Act. The Black Card rollout was abruptly suspended in April ...

A lawyer representing plaintiffs in a long-running case against Deutsche Bank on Friday slammed a proposed settlement from the German lender as a "late low ball" and said the offer was "doomed." ...

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 ...

FRANKFURT, Aug 16 (Reuters) - Deutsche Bank (DBKGn.DE), opens new tab has proposed a settlement to shareholders who sued Germany's largest bank for underpaying them for the acquisition of Postbank but ...

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 ...

Deutsche Bank enters settlements with a large share of the plaintiffs in Postbank takeover litigation issue. Deutsche Bank reaches settlement with over 80 plaintiffs, covering nearly 60% of claims, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In the latest development of the case, Deutsche Bank stated ...

Deutsche Bank (NYSE:DB) stock tumbled 8.4% in U.S. trading on Monday morning after the lender reported on Friday that it will record a provision of €1.3B (US$1.4B) relating to its 2010 takeover of ...

Jamii Bora Bank Limited and Postbank, have launched an agency banking partnership to reach more customers across the country. It will see Jamii Bora use Postbank's 99 branches to provide banking and ...