Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) announced on Thursday it has joined forces with Southeast Asia’s 2C2P to launch a digital payments platform in Thailand. The banking group reported that through 2C2P’s platform, corporate clients in Thailand will be able to maximize their business… Read More
Deutsche Bank Securities Services and Hashstacs Pte Ltd (STACS) are reportedly working on a proof-of-concept (PoC) that will involve exploring the technological and practical feasibility of digital assets. The PoC will take into consideration factors like the level of interoperability, liquidity, cross-border connectivity, and various… Read More
Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) and Google Cloud announced on Friday they have finalized a strategic, multi-year partnership to accelerate the bank’s transition to the cloud and co-innovate new products and services. The duo claims this is the first partnership of this kind for… Read More
Deutsche Bank’s research division is out with an edition of Konzept that tackles contemporary political and economic issues while looking towards the future. One area of focus is digital innovation and how it impacts the European Union’s ability to compete – globally. According to Deutsche… Read More
Deutsche Bank announced on Friday it has named Nuggets as the winner of the 2020 Female FinTech Competition. Deutsche Bank noted that it ran the competition alongside Atos, Google Cloud, and TechQuartier. The competition invited fintech companies with a female founder or female(s) in the… Read More
The district court of Munich has opened the insolvency proceedings regarding the assets of Wirecard (WDI:DE), which were applied for on June 25, 2020, according to a note from the company. The current preliminary insolvency administrator Dr. jur. Michael Jaffé from the law firm JAFFÉ Rechtsanwälte… Read More
Frankfurt-based Deutsche Bank AG, a multinational investment bank and financial services company that’s dual-listed on the New York Stock Exchange (NYSE: DB) and Frankfurt Stock Exchange (FWB: DBK) with around €1.3 trillion in assets, will reportedly be investing in Germany-based Fintech firm Traxpay. According to… Read More
Deutsche Bank announced on Monday it will enable global fintech Airwallex to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong. According to Deutsche Bank, the solution will further allow Airwallex to seamlessly process and convert cross-border payments made to… Read More
norisbank, part of Deutsche Bank Group, has launched a deposit marketplace offering “selected third-party banks” savings options via Deposit Solutions. The Fintech states that after a successful launch of “norisbank ZinsMarkt,” the new service will be expanded into an online marketplace with fixed-term deposit products… Read More
As major financial institutions explore different strategies to cope with the COVID-19 crisis, a survey of UK financial services employees reveals that 66% think their company must do more to help them work productively from their homes. Large banks are currently trying to adapt to… Read More
Deutsche Bank (NYSE:DB), a global investment bank and financial services company based in Frankfurt, Germany and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange (with €1.34 trillion assets), is reportedly inviting project bids from Amazon, Google and Microsoft in order to upgrade its… Read More
NOTE TO READERS: In the days following publication of this article, Oleg Bakatanov, CEO of Depos Technologies OU, “a company developing dBonds protocol and Depos (DUSD) stablecoin,” responded to our inquiry and stated that his company is, “not a part of Deutsche Bank team…doesn’t cooperate with… Read More
Frankfurt-based Deutsche Bank has established a central technology division that will manage the multinational investment bank’s technology security, data and innovation projects. The financial services company’s new unit will be headed by Bernd Leukert, an experienced SAP executive who joined the institution earlier this year… Read More
Deutsche Bank has acquired a 4.9% stake in Deposit Solutions Gmbh, a Hamburg-based firm that develops accounting software for the real estate and financial services industry. Both parties have decided not to share details regarding the volume of the investment. CEO and founder of Deposit… Read More
Germany’s largest financial institution, Deutsche Bank, is reportedly joining the Interbank Information Network (IIN), a blockchain-powered platform developed by JPMorgan, the world’s sixth-largest bank. IIN’s pilot was released in 2017, with the goal of reducing the number of international payments rejected due to errors. According… Read More
Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) finally announced its plan to dig itself out of its financial hole this past week. Deutsche Bank’s plan entailed a significant downsizing with a workforce reduction of approximately 18,000 full-time equivalent employees to around 74,000 employees by 2022…. Read More
The Founders Bank has appointed Kenan Altunis as Chief Executive Officer. Altunis was most recently Global Co-Head of the Institutional Client Group within Deutsche Bank’s Corporate and Investment Bank where he was responsible for a multibillion-dollar revenue operation and a team of over 1000 people…. Read More
OnDeck (NYSE: ONDK), a small business online lending platform, announced on Wednesday extensions to its existing credit facilities with Credit Suisse and Deutsche Bank on improved terms. According to OnDeck, the amended facilities provide an aggregate of $360 million of committed funding capacity and are… Read More
The German digital insurance platform Friendsurance, which serves nearly 150,000 customers and works together with 175 insurance companies, now offers its digital bancassurance solutions under the new brand name Friendsurance Business. The expansion was made in response to the increased demand from banks and insurance… Read More
A raid initiated yesterday at Deutsche Bank headquarters in Frankfurt has continued into today as 170 police, prosecutors and tax officials look for evidence of money laundering described in the Panama papers, Reuters reports. The raid has involved a comprehensive search of the offices of… Read More
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