Deutsche Bank, Germany’s leading bank, and Deutsche Postbank, the banking subsidiary of German national postal operator Deutsche Post, are to co-operate in payment transactions. It is reported that, with effect from July, Postbank will process domestic payment transactions on behalf of Deutsche Bank through its specialist subsidiary Betriebscenter fur Banken (BCB).
Read MoreDeutsche Post, the German postal service operator, has sent a letter to Germany’s minister of economy and all regional prime ministers in which it outlines plans to open up to 1,500 new outlets in order to improve services in villages and small towns.
Read MoreDeutsche Post’s Royal Mail deal first of many
Read MoreDeutsche Post, the German postal service operator, has cancelled its contracts with around 2,000 postal agencies after they refused to accept major changes to their contracts and their remuneration packages. The group, which has until now co-operated with around 8,000 postal agencies, has announced, however, that the cancellation of the contracts does not mean that it will close many of its post offices.
Read MoreThe plan drawn up by DHL, the German courier company, to minimise its job losses in France, is a model plan, the CFDT union said on Tuesday. DHL, which is planning to cut its workforce by 1,200 or 10 per cent, signed an agreement last month with the unions on how to proceed with the reduction.
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