Investing
German regulator BaFin to send special monitor to Deutsche Bank – Handelsblatt
© Reuters. FILE PHOTO: The logo of Germany’s Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside of an office building of the BaFin in Bonn, Germany, April 15, 2019. REUTERS/Wolfgang Rattay/File Photo
BERLIN (Reuters) – German financial regulator BaFin will send a special monitor to Deutsche Bank following problems at its Postbank unit, German daily Handelsblatt reported on Sunday citing sources close to the matter.
Both BaFin and Deutsche Bank declined to comment.
The issues at Postbank included disruptions in online offerings, difficulty in reaching customer service and long processing times, BaFin has said.
BaFin said two weeks ago it would “take relevant supervisory measures if appropriate”.
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