Germany’s Deutsche Bank could weigh sale of its Postbank retail arm as part of its strategy review.
The lender is now reportedly planning a strategic review as its present three-year strategic plan, named 2015+, has expired this year.
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The bank’s current three-year strategy vowed to reduce costs and risks, add stable sources of revenue as well as enhance the internal culture in the bank.
The lender has managed to reduce balance-sheet risk and boost its capital base. However, according to investors and analysts it must enhance profitability further.
The lender reportedly also intends to tap Postbank’s retail deposits to inexpensively fund its investment-banking business, but Germany’s banking regulator BaFin has restricted the bank from tapping Postbank’s profits or using all of its deposits.
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By GlobalData
