Deutsche Bank 's sale of its retail banking subsidiary , Postbank , faces controversy , with only a quarter of the shares expected to be sold in a share flotation this year , with reports adding that the bank has given up hope of being able to de - consolidate itself this year , which would require selling at least 50 % of its stake in the company . Deutsche Bank 's initial plan was an IPO for Postbank , however , reports suggest that the bank would now prefer to sell Postbank to a competitor as it may fetch a higher price than a sale of shares .
Deutsche Bank's sale of its retail banking unit, Postbank, faces delays, with only a part of the business expected to be sold in a share flotation this year, with reports adding that the bank has given up hope of being able to de-consolidate Postbank this year, which would require selling at least 50% of its stake in the lender. Deutsche Bank's initial plan was an IPO for Postbank, however, reports suggest that the bank would now prefer to sell Postbank to a competitor as it may fetch a higher price than a sale of shares.