Deutsche Bank shares rise after Postbank settlements

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Deutsche Bank shares rise after Postbank settlements
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Deutsche Bank shares rose more than 2% on Thursday after the German lender's settlements with more than half the plaintiffs who accused it of underpaying...

FRANKFURT - Deutsche Bank shares rose more than 2% on Thursday after the German lender's settlements with more than half the plaintiffs who accused it of underpaying them in its takeover of Postbank in 2010.

Jan Bayer, a lawyer for some of plaintiffs in outstanding cases who rejected a settlement proposal last week as a "crackhead" offer, said Wednesday's news had little bearing on his clients. "Against the backdrop of this improvement to our capital plan, we will review our distribution plans and discuss these with our regulators as part of our ongoing dialogue," Deutsche Bank said on Wednesday.GCSE results 2024: what are the grading boundaries?

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