Deutsche Bank has warned a protracted lawsuit claiming it underpaid for Postbank could cost Germany s largest lender up to 1.3 billion euros . Deutsche acquired the no-frills.
Deutsche Bank shares were 4.9% lower in premarket trade on Monday after news that Germany s largest lender could be on the hook for up to 1.3 billion euros in a yearslong lawsuit claiming it.
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Deutsche Bank
has said it could be on the hook for up to 1.3 billion euros in claims from a long-running lawsuit alleging
it underpaid shareholders for its purchase of retail banking
division.
Deutsche Bank said on Sunday that it would carefully assess options for a possible settlement in litigation over its takeover of Postbank that has required it to make provision for claims of up.