Media Release Frankfurt am Main, July 2, 2026

Collective bargaining agreement at Postbank: Deutsche Bank and trade unions achieve balanced result in the interest of the bank and its employees

  • Agreement enables focus on the essentials: clients, innovation, growth
  • Employees covered by collective agreements receive 175 euros more per month from July 2026 and 2.9 percent from July 2027
  • Long term of 28 months creates planning certainty

Deutsche Bank and the trade unions ver.di and DBV, komba and DPVKOM have agreed on a new collective bargaining package for Postbank employees. The balanced agreement brings salary increases for employees and at the same time gives the bank scope for the further transformation of its business with a focus on clients, innovation and further profitable growth.

"With this agreement, we combine social responsibility with competitiveness and the necessary flexibility for the coming years. We create reliability for our employees and at the same time secure our ability to act in a changing market environment with an economically balanced agreement," says Dominik Hennen, Head of Personal Banking Germany at Deutsche Bank.

At the heart of the agreement is a two-stage salary increase. The collective bargaining agreement runs for 28 months from April 1, 2026, to July 31, 2028. As of July 1, 2026, the monthly remuneration of all employees covered by collective agreements will initially increase by 175 euros. Employees in the lower income brackets will particularly benefit from this. A further increase of 2.9 percent will follow from July 2027.

Apprentices will also benefit from remuneration increases totalling 150 euros in several steps. In addition, existing agreements for the permanent employment of all apprentices will be extended.

"We are pleased about a sensible agreement in the interest of Deutsche Bank and Postbank employees, especially those in the lower income brackets. The improvement for apprentices is particularly gratifying, as this agreement will make the bank an even more attractive employer for them," says Kirsten Oppenländer, Head of Service Solutions & Operations Private Clients at Deutsche Bank.

In addition, protection against dismissal has been extended until the end of 2028, as have binding location agreements for branches and other sites. The agreement creates security for employees but still allows the bank the necessary flexibility for the further transformation of its private client business.

The bank's financial outlook remains unaffected by the collective bargaining agreement.

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

 

Forward-looking statements

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.

Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.

Such factors are described in detail in the most recent SEC Form 20-F under the heading “Risk Factors”. Copies of this document are readily available upon request or on the investor website.

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