German state premier calls on Deutsche Bank to safeguard Postbank

April 22, 2015 10:46 AM

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German state premier calls on Deutsche Bank to safeguard Postbank

FRANKFURT (Reuters) - A senior German politician on Wednesday urged Deutsche Bank (DBKGn.DE) to protect jobs and preserve Postbank (DPBGn.DE) as a stand-alone business in any sell-off plan.

"I urgently appeal to those in management and the supervisory board of Deutsche Bank to take no decision that would permanently endanger jobs in individual locations," Stephan Weil, the premier of the federal state of Lower Saxony, said in a statement.

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