Latest Deutsche Bank News: Finextra Research

Deutsche Bank to issue update on IT overhaul - FT

The executive charged with the job of overhauling Deutsche Bank's IT systems is due to give her first progress report this Friday, according to the Financial Times.

29 March 2016

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Former DB chief Jain to join SoFi

Former Deutsche Bank co-chief executive Anshu Jain is joining San Francisco-based online lender SoFi in an advisory role.

29 February 2016

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Markit/Genpact KYC utility expands into Asia

Kyc.com, the joint venture data sharing utility between Markit and Genpact, is to extend its service to Hong Kong and Singapore and onboard new banking partner Standard Chartered.

18 February 2016

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Finextra and UKTI to host Nordic-Baltic fintech trade mission

Finextra is collaborating with UK Trade and Investment (UKTI) and London & Partners on 3 February on a fintech trade mission that will bring Nordic-Baltic startups to London to meet with UK banks, startups, and the Government.

18 January 2016

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Accenture shortlists 15 for London Innovation Lab

Blockchain technology, cognitive computing and biometric security feature among the shortlisted applications selected to participate in Accenture’s 2016 FinTech Innovation Lab London.

06 January 2016

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Deutsche Bank hires Fannie Mae's Boillat ahead of IT overhaul

Deutsche Bank has made a senior technology hire, bringing in Fannie Mae's Pascal Boillat as CIO and head of operations at its corporate and investment banking unit.

15 December 2015

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Deutsche Bank launches robo-advisor for online investment platform

The inextricable path to human obsolescence continues as Deutsche Bank adds a robo-advisor to its maxblue online investment platform, enabling clients to ditch people for algorithms.

07 December 2015

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Deutsche Bourse and Markit lend backing to capital markets fintech fund Illuminate

Illuminate Financial, a fintech venture fund for the capital markets industry, has closed its first round of capital raising with the support of Deutsche Börse and Markit.

09 November 2015

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Deutsche Bank to axe jobs as part of operations overhaul

Shortly after revealing plans to replace its trading technology systems, Deutsche Bank has announced swingeing job cuts that could see staff reduced by as much as 15,000 over five years.

29 October 2015

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More global banks back blockchain collaboration plan

An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.

29 September 2015

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Deutsche Bank plans to slash workforce by a quarter - Reuters

Deutsche Bank is bidding to reduce its workforce by a quarter, slashing 23,000 jobs, many of them technology-related, according to Reuters.

14 September 2015

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NY regulator strikes deal with banks on new messaging platform

New York state's banking regulator has reached an agreement with Goldman Sachs, Deutsche Bank, Credit Suisse and Bank of New York Mellon on the record-keeping requirements of a new chat and messaging platform.

14 September 2015

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