Deutsche Post to close all of its own post offices
Deutsche Post said that it plans to exit the retail business and close all of the post offices it operates alone. Branches operated jointly with Postbank will continue to stay open.
Read MoreTag: Postbank
Deutsche Bank in no rush to acquire Postbank
Deutsche Bank is not pursuing an accelerated takeover of Deutsche Postbank even though it has bought more shares in the retail bank in recent weeks, a source familiar with the matter told Reuters.
Read MorePostbank Reports Fourth-Quarter Loss on Equity Sales
Deutsche Postbank AG reported a fourth-quarter loss after losing money selling equity investments.
Read MoreDeutsche Post sell 22.9% stake in Postbank
Deutsche Bank has agreed to acquire 22.9% of Postbank from Deutsche Post AG for around €1.1bn ($1.4bn)in stock and increase that holding in the years ahead.
Read MoreTechnology and the Turnround of the South African Post Office
Mail & Express Review February 2009
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