Deutsche Bank considers selling Norisbank
Updated : 13:41
Deutsche Bank is considering the sale of its German online bank Norisbank, reported Reuters on Thursday.
The report comes as Deutsche Bank is in the midst of an overhaul that includes streamlining operations, exiting some business lines and shedding 18,000 staff.
The source also said thadeut there could be an integration of the subsidiary bank is also possible.
Norisbank, a bank with 550,000 customers, was acquired by Deutsche Bank in 2006 for 420m euros.