FRANKFURT (Reuters) -Deutsche Bank's management has reached a pay deal with unions for thousands of workers at its Postbank division, putting an end to months of wrangling, both parties said on Thursday. Deutsche recently disclosed it could be on the hook for up to 1.3 billion euros ($1.39 billion) in a long-running lawsuit filed by former Postbank shareholders claiming it underpaid for its purchase of Postbank during the financial crisis. Deutsche has also been grappling with customer service problems at Postbank, resulting in the bank's regulator overseeing a clean-up and cuts in bonuses for some of Deutsche's top managers.
Deutsche Bank Aktiengesellschaft's ( ETR:DBK ) dividend will be increasing from last year's payment of the same period...
Germany’s biggest lender got a shock when a preliminary ruling suggested it could be on the hook for a massive fine.