'Late low ball': Lawyer slams Deutsche Bank settlement offer in long-running Postbank suit

By CNBC | Aug 16, 2024 at 07:37 AM EST

A lawyer criticized Deutsche Bank's proposed settlement as inadequate in a long-standing case regarding the acquisition of Postbank. The bank's offer of 36.50 euros per share faces resistance from claimants, potentially leading to a court decision. The ongoing litigation has impacted Deutsche Bank's recent financial performance.

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