GO
Loading...

Deutsche Postbank Says It Has Further Writedowns

Reuters
Tuesday, 1 Apr 2008 | 11:41 AM ET

Germany's biggest retail bank Deutsche Postbank has booked further writedowns in the first quarter on the back of the global financial markets crisis, a spokesman told Reuters on Tuesday.

He declined to give further details.

Shares closed 0.7 percent higher at 60.89 euros in Frankfurt.