Latest Deutsche Bank News: Finextra Research

First SOA standards released by BIAN industry coalition

The Banking Industry Architecture Network (BIAN) alliance - comprising major technology vendors and banks - has published its first bank IT services standards since it was spun out of SAP over a year ago.

13 July 2009

/retail

German and French banks push ahead with new debit card scheme

German and French banks, including Deutsche Bank and Societe Generale, have stepped up efforts to create a new European debit card scheme to challenge MasterCard and Visa.

10 July 2009

/wholesale

ELX Futures offers free trades during July

ELX Futures, which is set to launch tomorrow, says it will not charge for trades in July as it looks to strike an early blow in the battle to take market share from the dominant CME Group.

09 July 2009

/retail

Deutsche Bank faces probe over alleged snooping operation

An investigation commissioned by Deutsche Bank has revealed that Germany's largest bank spied on several of its management board members, supervisory board members and on at least one shareholder, according to German magazine Der Spiegel.

07 July 2009

/wholesale

TD takes Yieldbroker stake

The Toronto-Dominion Bank (TD) has acquired a stake in Sydney-based electronic trading outfit Yieldbroker. Financial terms were not disclosed.

23 June 2009

/retail

Deutsche Bank unveils giant NY carbon clock

A 70 foot tall billboard in downtown New York that tracks greenhouse gases in the atmosphere has been unveiled by Deutsche Bank's asset management unit.

19 June 2009

/regulation

Swift switches on central matching for brokers and hedge funds

Banking co-operative Swift has adapted its Accord matching system to handle the pre-settlement processing of securities trade flows between prime and executing brokers and hedge funds.

11 June 2009

/wholesale

LCH.Clearnet looks to deal with bidding consortium

LCH.Clearnet has responded to last week's EUR830 million offer from a consortium of banks and Icap by indicating its willingness to interweave elements of the bid with its own restructuring plans. Meanwhile, the clearing house is also set to restructure its technology platform in a bid to save millions of euros a year.

13 May 2009

/retail

Deutsche Bank and Logica team on plug and play Sepa Connector

Deutsche Bank's Global Transaction Banking (GTB) division and tech vendor Logica have teamed on an outsourced 'plug and play' Sepa Direct Debits (SDD) offering.

12 May 2009

/wholesale

Icap consortium makes EUR830m LCH.Clearnet bid - FT

A consortium of 11 banks and interdealer broker Icap has launched an EUR830 million bid for LCH.Clearnet just weeks after the Depository Trust and Clearing Corporation called off its pursuit of the London clearing house, according to the Financial Times.

11 May 2009

/sustainable

Deutsche partners Inttra for container shipping e-invoicing service

Deutsche Bank is partnering with ocean carrier e-commerce outfit Inttra to provide an electronic invoice presentment and payment (EIPP) service to the $260 billion container shipping industry.

07 April 2009

/regulation

Icap and CLS set up FX post-trade joint venture

Interdealer broker Icap and FX risk reduction network CLS are to create a new joint venture company offering post-trade aggregation services to participants in the over-the-counter currency markets.

06 April 2009

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