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.
Wall Street's biggest banks and Thomson Reuters have signed up for a new open messaging network from financial information provider Markit which threatens Bloomberg's dominance of the chat market.
Deutsche Bank today announced the signing of a Memorandum of Understanding (MOU) for the establishment of a closer relationship in cash management services with Indian Overseas Bank. Under the terms of this MOU, Indian Overseas Bank will use Deutsche Bank's China Express solution for its US dollar payments to China.
© Finextra Research 2014