Postbank setting sail?

News out this morning suggests that the board of directors at DB are considering either a sale of the Postbank subsidiary (an asset they only legged into during 2008) or a complete retreat from retail banking.  

Apparently the DB management board has narrowed the options down to these two choices while also pursuing a further de-leveraging of its investment bank for an amount of E160bio, or 20%, according to James Shotter at the FT.  Getting rid of Postbank and its retail deposit gathering function isn't at first blush sensible as one would think a diversified and reliable source of funding is attractive for a wholesale bank.  However, these days, such headlines are indicative of the difficult choices bank boards face in the game regulatory twister.  See this article at http://www.ft.com/cms/s/0/f8faa72c-e693-11e4-9fa1-00144feab7de.html.