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The financial regulator has already strongly criticized the "profound disruptions in customer service" at Deutsche Bank's subsidiary Postbank. According to CEO Sewing, however, the problems can drag on for weeks. There are "three to four critical applications" in the conversion of IT systems, Sewing said at a Handelsblatt conference in Frankfurt. 400 to 500 additional employees are now dedicated to the topic, and the Supervisory Board is also involved, he said. The bank is "now on the right track", Sewing added.

Germany's top financial regulator has called problems affecting customers at Deutsche Bank's Postbank unit unacceptable, two weeks after the agency issued an unusual rebuke of the lender. ...

As the Benzinga Cannabis Capital Conference returns to Chicago this Sept 27-28 for its 17th edition, gathering top CEOs, investors and leaders in the cannabis industry, let's scroll through the top leadership changes ove

Mike Cannon-Brookes’ private investment company Grok Ventures has completed the purchase of SunCable’s assets, with the change in ownership renewing SunCable’s focus to progress the Australia-Asia Power Link (AAPowerLink).

The British billionaire’s Consolidated Pastoral has been forced to hand over leases to Mike Cannon-Brookes after a lengthy private dispute.