The Postbank’s IT systems overhaul is 70% complete, as the financial institution looks to iron out legacy IT issues and vulnerabilities. This information came to light in a recent written ...
Government’s aspirations for the Postbank to be a lever for financial inclusion still have a while to go, as the banking institution is “not yet in a position to be granted a licence”. This was ...
FRANKFURT (Reuters) -Deutsche Bank has proposed a settlement to shareholders who sued Germany's largest bank for underpaying them for the acquisition of Postbank but the offer is too low, a lawyer for ...
SASSA grant recipients have shared their experiences using the Postbank Black Card on social media According to some ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank is preparing to axe almost half its Postbank branches as Germany’s biggest lender embarks on a ...
Deutsche Bank DB has achieved notable progress in talks with claimants involved in the legal dispute regarding its takeover of Postbank and the compensation paid to former Postbank shareholders. The ...
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Postbank Has Yet To Apply For A Banking Licence
Postbank has not applied for a full banking licence, but says it is legally allowed to issue cards under the National Payment System Act. The Black Card rollout was abruptly suspended in April ...
The Gauteng High Court in Pretoria has removed from its roll Postbank’s urgent application aimed at stopping the South African Social Security Agency (Sassa) from ending its service agreement. The ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany’s financial regulator has installed a special supervisor at Deutsche Bank, as the lender grapples with ...
Postbank insiders have helped criminal syndicates steal over R150 million that should have gone towards helping South Africa’s poorest families, Sunday Times reports. The report comes after the poorly ...
Postbank will be able to continue paying South African Social Services Agency (Sassa) grants under the current terms for another three months. Earlier this week, Sassa issued a media release ...
Deutsche Bank’s (NYSE: DB) decision to acquire Postbank might have looked like a great move by the German banking giant in 2010. But with stricter regulatory requirements, a huge legal backlog and ...
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