BaFin Fines Deutsche Bank €8 Million Over Postbank Migration
Germany’s BaFin fined Deutsche Bank €8 million for shortcomings in migrating Postbank customers to a shared IT platform.
Germany's financial regulator BaFin said on Thursday that it had fined Deutsche Bank €8 million ($8.86 million) for shortcomings in migrating customers of its Postbank unit to a shared IT platform.($1 = 0.9027 euros)