By leveraging previously established bots for a new digital solution, BNY Mellon and Deutsche Bank are aiming to improve custody processes for emerging market currency trades.
Deutsche Bank and Google have confirmed plans to sign a multi-year agreement that will transform the bank’s IT infrastructure and deliver new technologies.
Neal Pawar joined Deutsche Bank in September as chief information officer, but has now stepped down and departed due to personal reasons.
Deutsche Bank said it is one of the first institutions to integrate WhatsApp into its list of client interaction platforms via the Symphony Connect Solution.
The US derivatives watchdog said Deutsche Bank will settle two cases related to a technical outage of its swap reporting platform and alleged spoofing.
With the integration of the Deutsche Bank business, BNP Paribas is aiming to become the top prime broker in Europe and potentially break out as a top four global player.
The Monetary Authority of Singapore said that Deutsche Bank will join BNY Mellon in becoming the latest to establish an FX trading engine in Singapore.
Brian Fagen had previously spent nine years with Deutsche Bank, and recently joined BNP Paribas following the substantial prime brokerage deal between both banks.
Twenty year Deutsche Bank veteran named new CEO of the investment banks Asia-Pacific business replacing Werner Steinmüller.
While Deutsche Bank says it is difficult to predict, it warns the business could be materially impacted by the ongoing coronavirus pandemic.