After the developer failed to repay a loan, the bank involved - Deutsche Postbank AG - appointed Savills to re-market the entire site and project.

BBC: Bristol Finzels Reach project in receivership

Further consolidation will happen only slowly: the sale of Postbank by Deutsche Post is the likeliest next milestone.

ECONOMIST: German banking

The takeover of Postbank also highlights Deutsche Bank's decision to rely less on investment banking revenues in the face of a tougher regulatory environment.

FORBES

The big flotation scheduled for this year, however, is that of Postbank, a subsidiary of Deutsche Post that is Germany's most successful retail bank.

ECONOMIST: IPOs in Germany