financetom
Business
financetom
/
Business
/
Deutsche Bank settles Postbank acquisition lawsuit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deutsche Bank settles Postbank acquisition lawsuit
Aug 22, 2024 2:25 AM

(Reuters) - Deutsche Bank said its largest individual plaintiff who sued the lender for underpaying them for the acquisition of Postbank has agreed to settle.

It will impact positively its pre-tax profit by 430 million euros ($479.32 million) in the third quarter.

($1 = 0.8971 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Indonesia close to deal to lift Indonesian iPhone 16 ban, Bloomberg News reports
Indonesia close to deal to lift Indonesian iPhone 16 ban, Bloomberg News reports
Jan 21, 2025
(Reuters) - Indonesia is close to a deal with Apple Inc ( AAPL ) over an investment plan that could lift a ban on iPhone 16 sales in the country, Bloomberg News reported on Tuesday, citing an interview with investment minister Rosan Roeslani. (Reporting by Chandni Shah in Bengaluru) ...
TikTok fans anxiously await its return to US app stores
TikTok fans anxiously await its return to US app stores
Jan 21, 2025
(Reuters) -Three days after ByteDance's TikTok went dark and then was quickly revived in the United States, users who deleted the app were anxiously checking iPhone and Android devices to find it still unavailable to be downloaded again. Some looking to make a quick profit from TikTok fans' desperation listed devices on eBay with the app purportedly downloaded for up...
Indonesia close to deal to lift Apple iPhone 16 ban, Bloomberg News reports
Indonesia close to deal to lift Apple iPhone 16 ban, Bloomberg News reports
Jan 21, 2025
Jan 21 (Reuters) - Indonesia is close to a deal with Apple Inc ( AAPL ) for an investment plan that could lift a ban on iPhone 16 sales in the country, investment minister Rosan Roeslani told Bloomberg News on Tuesday. Hopefully within one or two weeks this issue can be resolved, Roeslani told Bloomberg Television in Davos, Switzerland. Apple...
China CATL's shares dip after it warns of revenue fall, slowing profit growth
China CATL's shares dip after it warns of revenue fall, slowing profit growth
Jan 21, 2025
BEIJING (Reuters) - Shares in CATL, the world's largest battery maker, dropped nearly 4% on Wednesday after the Chinese company warned that its annual revenue fell for the first time last year and that profit grew at its slowest pace since 2019. CATL said in a securities filing late on Tuesday that its revenue fell between 8.7% and 11.2% last...
Copyright 2023-2026 - www.financetom.com All Rights Reserved