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POSTBANK

The Wire

Germany's Postbank posts euro14M Q2 loss

Jul 30 - By Matt Moore, Associated Press Writer

Germany's Deutsche Postbank AG reported Thursday a loss of euro14 million ($19.7 million) for the second quarter as the retail lender increased write-downs and provisions for risky loans.

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Deutsche Post sells Postbank stake

Sep 12 - By GEORGE FREY, AP Business Writers

Deutsche Bank AG agreed to buy a 29.75 percent stake in German retail bank Postbank from Deutsche Post AG for almost $3.9 billion, the second major consolidation in the nation's banking sector since August.

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