Bank of China New York and Deutsche Bank today signed a Memorandum of Understanding expanding their cash management relationship by utilizing Deutsche Bank's new Guaranteed US Plus solution to process Bank of China New York's international USD payments to US beneficiaries.
The 20th ASEAN Exchanges CEOs meeting held here today concluded with a milestone agreement regarding custody and settlement services on the ASEAN Trading Link.
Deutsche Bank's Global Transaction Banking division today announced the introduction of automated Renminbi cash sweeping services for cross-border lending to its corporate clients in China.
Deutsche Bank announced today the creation of a Global Solutions function within the Trade Finance/Cash Management for Corporates (TF/CMC) business in its Global Transaction Banking division.
The Financial Industry Regulatory Authority (FINRA) today announced that it has fined Deutsche Bank Securities, Inc. (DBSI) $6.5 million and censured the firm for serious financial and operational deficiencies primarily related to its enhanced lending program.
On the day it was fined EUR725 million by the EU for rate rigging, Deutsche Bank has confirmed that it has banned traders from using chat rooms, which have proved a fruitful hunting ground for regulators sniffing out market manipulation.
Deutsche Bank has hired Boeing's Kim Hammonds as CIO and global co-head of group technology and operations (GTO), replacing Anthony McCarthy who is quitting the firm.
Deutsche Bank's Autobahn electronic trading business, within its Markets division, today announced the launch of Autobahn Options, offering complete US equity options trading capabilities.
Thibaud de Maintenant, global head of Direct Securities Services, Deutsche Bank looks at the impact Target2Securities will have on the custody market.
Deutsche Bank announced today its collaboration with Bloomberg on a new option adjusted spread (OAS) model.
© Finextra Research 2014