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Full Ownership German government: following assets amounting to a worth of $70.6Bn Deutsche Telekom: 31,9% Germany over KfW Deutsche Post: 25.5% Federal Ministry for Economic Affairs and Climate Action: Assets including DHL and Deutsche Postbank are therefore also partially owned by the government Hypo Real Estate: Full Ownership SoFFin
Postbank (German pronunciation: [ˈpɔstbaŋk]; full name: Postbank – eine Niederlassung der Deutsche Bank Aktiengesellschaft, lit. ' Postbank – a branch of the Deutsche Bank joint-stock company ' ) is a branch of Deutsche Bank for retail banking , which was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990.
Deutsche Post – the state owns 16.45% through the KfW. [13] Deutsche Telekom – the state still owns 27.8%, partly direct and partly through the KfW. [14] Deutsche Postbank – in 2004 the state floated a minority stake for €2.5 billion; Deutsche Bundesbahn became Deutsche Bahn in 1994, although it is 100% state owned. UFA underwent ...
Deutsche Bundespost Postbank – postal bank; The central authorities remained as described above. The divisions were privatized on 1 January 1995 in a second round of reforms, resulting in: [2] [3] [4] Deutsche Post AG from the postal service; Deutsche Telekom AG from the communications service; Deutsche Postbank AG from the postal bank
Deutsche Bank on Monday said that it had completed a fourth and final phase of a years-long technology integration process with Postbank. Germany's largest bank said it would result in cost ...
From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank. [3]: 580 Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan Grenfell in 1990, Bankers Trust in 1998, [4] and Deutsche Postbank in 2010.
In the 1970s, the Bundesaufsichtsamt für das Kreditwesen was located at Reichpietschufer 72-76 in Berlin, later seat of the German Defence Ministry [4]. After World War II, banking supervision was devolved in West Germany to the Länder, until a national banking supervisor was re-established in 1962 as the Bundesaufsichtsamt für das Kreditwesen [] (known as BAK or BAKred), located in West ...
[29] [30] The board pursued an independent continuation of the business, [31] [32] interpreted as rejecting a merger with Deutsche Bank. [33] Also, a potential acquisition of Postbank by Commerzbank, which was discussed at times and would have led to a financial conglomerate with a building society and insurance, ultimately did not materialize ...