Postbank (German pronunciation: [ˈpɔstbaŋk]; full name: Postbank – eine Niederlassung der Deutsche Bank Aktiengesellschaft, lit. 'Postbank – a branch of the Deutsche Bank joint-stock company') is a branch of Deutsche Bank for retail banking, which was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990. Since May 2018, it operates as a brand of Deutsche Bank's retail arm. It serves 13 million customers in around 1,000 branches and 700 advisory centers.
Deutsche Bank AG (German pronunciation: [ˈdɔʏtʃə ˈbaŋk ʔaːˈɡeː] , lit. 'German Bank') is a German multinational investment bank and financial services company headquartered in Frankfurt. It is dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
Deutsche Bank was founded in 1870 in Berlin. From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank. Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan Grenfell in 1990, Bankers Trust in 1998, and Deutsche Postbank in 2010.
The Deutsche Bundespost (German pronunciation: [ˌdɔʏtʃə ˈbʊndəsˌpɔst], lit. 'German Federal Post') was a German state-run postal service and telecommunications business founded in 1947. It was initially the second largest federal employer during its time. After staff reductions in the 1980s, the staff was reduced to roughly 543,200 employees in 1985. The corporation was dissolved in 1995 under two rounds of postal reforms that took place in the German Post Office in 1989 and 1995, respectively. Following the reforms, the former Deutsche Bundespost was broken into three publicly traded corporations: Deutsche Post AG (postal services), Deutsche Telekom (telecommunications), and Deutsche Postbank AG (banking).