FRANKFURT – Deutsche Bank
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The cost to re-integrate Postbank, which Deutsche had previously wanted to sell, is likely to be between 1.5 billion euros and 2 billion euros, the bank's retail head added in a call with journalists.
The bank also said the market environment in Germany is getting better, with prices improving for banking services.
"The overall mix of businesses becomes a little more stable ... A bit more predictable," Chief Executive John Cryan said on the rationale for keeping Postbank.
(Reporting by Arno Schuetze; Writing by Victoria Bryan and David Goodman)