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0 pointsyardie5y ago0 comments

I looked at the wikipedia post for Post Bank and it is really confusing. So on re-reading I see:

1990 Postbank is created from Duetsche Post breaking up.

1999 Deutsche Post takes back Postbank.

2004 Deutsche Bank sells it's transaction bank to Postbank.

2012 Deutsche Bank acquires Postbank.

0 comments

I think the name Deutsche Bank makes it even more confusing. As opposed to Deutsche Telekom (T-Mobile), Deutsche Bahn (DB/Schenker/Arriva) and Deutsche Post (DHL), Deutsche Bank never was state-owned. It was just named that way, because it was founded as a project (and arguably still is) so Germany would play a role on the world financial stage.

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