Latest Deutsche Bank News: Finextra Research

Deutsche Bank taps COO Ritchotte to lead new digital bank

Deutsche Bank chief operating officer Henry Ritchotte is leaving his position to set up a new digital bank for the German giant.

21 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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Deutsche Bank backs blockchain potential

Deutsche Bank is the latest major financial institution to laud the potential of the blockchain, confirming that it is exploring the use of distributed ledger technology for everything from securities clearing and settlement to anti-money laundering registries.

31 July 2015

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US authorities extend Fifa probe to include banks - WSJ

US authorities are questioning a host of global banks over their role in handling bribes to executives of football's global governing body Fifa, and the effectiveness of their anti-money laundering systems.

24 July 2015

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NY regulator sets sights on bank-backed messaging service

New York state's banking regulator has written to the firm behind a new instant messaging service backed by Wall Street's biggest banks asking about its document retention policies.

23 July 2015

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Banks launch IM service to rival Bloomberg

A consortium of Wall Street banks has launched an instant messaging platform it hopes will loosen Bloomberg's vice-like grip on the market for real-time communication between traders.

21 July 2015

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FCA boss to step down

Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), the UK banking watchdog, has announced his resignation.

17 July 2015

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Deutsche Bank to open three innovation labs across the globe

Deutsche Bank is to open three innovation labs in Berlin, London and Silicon Valley, as part of a EUR1 billion spend on digital initiatives over the next five years.

03 June 2015

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SunGard explores IPO

Fintech conglomerate SunGard has confirmed that it is "considering pursuing" an initial public offering and using the proceeds to pay off debt.

06 May 2015

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Deutsche Bank to allocate EUR1 billion to new digital spend

Deutsche bank has announced plans to shutter 200 branches and invest an additional EUR1 billion over the next three-to-five years to create "a more digital bank".

28 April 2015

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