FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) is weighing the sale of its German online bank Norisbank, a person with knowledge of the matter said on Thursday.
Deutsche Bank is in the midst of an overhaul that includes streamlining operations, exiting some business lines and shedding 18,000 staff.
A final decision has not been made, the person said, adding that a full integration of the bank is also possible.
Norisbank is a 100% subsidiary based in the former German capital of Bonn with 550,000 customers. Deutsche Bank acquired it in 2006 for 420 million euros ($452.97 million) from DZ Bank.
Business magazine WirtschaftsWoche first reported the possible sale.
Reporting by Patricia Uhlig; Writing by Tom Sims; Editing by Sabine Wollrab and Thomas Seythal