Deutsche Bank said on Thursday that it had reached an agreement with labour unions for a pay increase for thousands of employees at its Postbank division.
The bank, Germany's largest lender, said pay will rise 175 euros ($199.50) a month from July 2026 and a further 2.9% from July 2027. The deal covers 28 months and affects 7,500 employees, Deutsche Bank said.
The Verdi trade union had demanded an 8% increase, or at least 300 euros more a month. The agreement follows several rounds of discussions and an increase in inflation in the wake of the war in Iran.
Deutsche Bank and unions reach pay agreement for Postbank employees
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July 02, 2026
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Reviewed by Admin
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July 02, 2026
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