Latest Deutsche Bank News: Finextra Research

CME to launch CDS clearing house with support of eight major dealers

After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.

04 December 2009

/regulation

Icap hires Beeston to spearhead post-trade expansion

In line with its ambitions to expand into the trade processing arena, interdealer broker Icap has appointed Mark Beeston to the newly-created post of business development director for post-trade services.

16 November 2009

/Sibos

Payments stakeholders push for XML clarity in the corporate-to-bank space

Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.

09 November 2009

/retail

Deutsche bank board members cleared over spying but probe continues

German prosecutors have launched a formal criminal investigation into corporate spying carried out by detectives working for Deutsche Bank but the probe will not target members of the bank's management or supervisory boards.

09 October 2009

/retail

Deutsche Bank overhauls telecomms with Avaya

Deutsche Bank has selected technology from Avaya for a global telecommunications consolidation project covering 3100 buildings in 72 countries.

29 September 2009

/regulation

Citi, UBS and Deutsche Bank fined over outsourced IPO communications

Citi, UBS and Deutsche Bank have been fined a total of $425,000 by US regulators and ordered to pay customers up to $420,000 for failing to supervise communications related to the 2006 initial public offering of Vonage Holdings.

22 September 2009

/Sibos

Transaction bankers embrace co-operation

The future of transaction banking lies in greater collaboration between banks and a greater adoption of outsourcing. This was the main point delivered at a keynote debate at this Sibos, the annual user conference of banking co-operative Swift.

17 September 2009

/Sibos

T2S spat turns up the heat at Sibos

A progress report by the European Central bank on the controversial Target2Securities integrated settlement project descended into a three-way spat between agent banks, securities depositories and the central bank over costs, timetabling and information transparency at a hot and heavy Sibos session in Hong Kong.

15 September 2009

/Sibos

Deutsche Bank marches on China

The Agricultural Bank of China (ABC), China Merchants Bank and China Minsheng Banking Corp. Ltd (CMBC) have each signed seperate payments services agreements with Deutsche Bank.

14 September 2009

/regulation

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

09 September 2009

/retail

Deutsche Bank to open North Carolina tech centre

Deutsche Bank is set to open a technology development centre in Wake County, North Carolina, creating 319 jobs over the next five years.

17 August 2009

/regulation

Three more banks join CLS/Icap FX joint venture

Bank of America, Credit Suisse and Morgan Stanley have joined four other founder banks in supporting the CLS/Icap joint venture to provide trade aggregation services in the over-the-counter FX market.

27 July 2009

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