German regulator to send special monitor to Deutsche Bank, Handelsblatt reports

Date:

The logo of Germany's Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside of an office building of the BaFin in Bonn

The logo of Germany’s Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside of an office building of the BaFin in Bonn, Germany, April 15, 2019. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights

BERLIN, Oct 1 (Reuters) – German financial regulator BaFin will send a special monitor to Deutsche Bank (DBKGn.DE) following problems at its Postbank unit, German daily Handelsblatt reported on Sunday citing sources close to the matter.

Both BaFin and Deutsche Bank declined to comment.

The issues at Postbank included disruptions in online offerings, difficulty in reaching customer service and long processing times, BaFin has said.

BaFin said two weeks ago it would “take relevant supervisory measures if appropriate”.

Reporting by Maria Martinez; Editing by Hugh Lawson

Our Standards: The Thomson Reuters Trust Principles.

Acquire Licensing Rights, opens new tab

Share post:

Subscribe

Popular

More like this
Related

NBC10’s Matt DeLucia tries Olympic sports – NBC10 Philadelphia

What happens when a reporter with little athletic ability...

CharacterX Evolution: Key Changes and Path Forward

Since first version was released in September 2023, CharacterX...

Always Ready to Meet Challenges: Investment Strategies and Practices in the New Energy Field

(Author: Du Su) In the global new energy investment Field, many...

CrowdStrike backlash over $10 apology voucher for IT chaos

.CrowdStrike is facing fresh backlash after giving staff and...