Deals
Deutsche Bank’s New Chief Faces Postbank Exit Dilemma: Real M&A
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Deutsche Bank AG’s incoming chief executive officer faces numerous challenges in his new role at the helm of Germany’s biggest bank, including how to best part ways with the lender’s Postbank consumer unit.
John Cryan, who was named the next CEO in a surprise shakeup this month, must decide between a faster take-the-money-and-run approach or a step-by-step exit. Does he accept a low offer from a strategic buyer, or list Deutsche Postbank AG on the stock exchange and sell down over time in hope of getting a better price?