Deutsche Bank - News, Articles & Research

Deutsche Bank to close 250 Postbank branches

Deutsche Bank will close about 250 of 550 Postbank branches over the next three years as it works to turn the unit into a "mobile-first" provider.

31 October 2023

News/crypto

Deutsche Bank and Standard Chartered pilot network for stablecoins and CBDCs

Deutsche Bank and Standard Chartered have carried out the first digital currency transfer and swap on the new Universal Digital Payments Network (UDPN).

26 October 2023

News/startups

Deutsche Bank invests in LLM developer Kodex AI

Deutsche Bank's Corporate Venture Capital (CVC) group has invested in Kodex AI, a Berlin-based startup developing a Large Language Model (LLM) application catered to the needs of the financial services industry.

11 October 2023

Finextra TV/Sibos

Are Financial Services ready for the new era of sustainable business practices?

Lavinia Bauerochse, Global Head of ESG, Corporate Bank, DEUTSCHE BANK, speaks at Sibos 2023 to discuss how prepared the financial sector is for a new era of environmentally conscious business models and the strategies required to support sustainable business transitions.

27 September 2023

Finextra TV/Sibos

Building a collaborative financial sector

Tsvetanka Nankova, Head of Corporate Development and Chief of Staff, Corporate Bank, DEUTSCHE BANK, speaks at Sibos 2023 about the innovations helping the industry reach new levels of interconnectivity.

26 September 2023

Finextra TV/Sibos

The evolution of the KYC landscape

At Sibos 2023, Patricia Saliba, Global Lead of Regulatory, Audit and Quality Assurance, Institutional Cash and Trade, DEUTSCHE BANK, explores the evolving KYC landscape in response to new regulations; emphasizing the need for quicker adaptation to identify bad actors, new opportunities, and the future of the space.

26 September 2023

Company announcement/regulation

Deutsche Bank subsidiary DWS to pay $25 million penalty for AML and ESG violations

The Securities and Exchange Commission today charged registered investment adviser DWS Investment Management Americas Inc. (DIMA or DWS), a subsidiary of Deutsche Bank AG, in two separate enforcement actions, one addressing its failure to develop a mutual fund Anti-Money Laundering (AML) program, and the other concerning misstatements regarding its Environmental, Social, and Governance (ESG) investment process.

25 September 2023

Finextra TV/Sibos

Navigating the DLT and Blockchain Ecosystem

Sabih Behzad, Head of Digital Assets & Currencies, Corporate Bank, DEUTSCHE BANK, speaks at Sibos 2023 about the evolution of DLT and Blockchain within the financial services space, the challenges of implementation, and strategies needed to achieve momentum and scale for the future.

21 September 2023

News/retail

Watchdog reprimands Deutsche Bank for “unacceptable” Postbank problems

Deutsche Bank has been reprimanded by German watchdog Bafin for faulty operations and disruption of services in its Postbank unit.

20 September 2023

News/crypto

Deutsche Bank to handle client crypto assets with Taurus

Deutsche bank has enlisted the support of Swiss crypto infrastructure firm Taurus to manage cryptocurrencies, tokenized assets, and digital currencies on behalf of its institutional clients.

14 September 2023

Company announcement/regulation

Deutsche Bank fined $186 million for AML deficiencies

The Federal Reserve Board on Wednesday announced two enforcement actions against Deutsche Bank AG, its New York branch, and other U.S. affiliates.

20 July 2023

Company announcement/payments

Deutsche Bank joins CLSNet

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that Deutsche Bank has gone live on CLS’s bilateral payment netting calculation service for over 120 currencies – CLSNet.

20 July 2023

News/retail

Deutsche Bank to complete Postbank IT integration

Germany’s Deutsche Bank has announced that it will complete the IT integration of Deutsche Postbank this weekend.

30 June 2023

Finextra TV/payments

Driving Change in Cross-Border Payments

Marc Recker, Global Head of Product, Institutional Cash Management, Deutsche Bank, speaks at EBAday 2023 about what's driving the change in Cross Border payments, responses needed to overcome barriers and how collaborations can help compete in a rapidly changing market.

29 June 2023

Company announcement/regulation

CMA charges five banks with bond price rigging

The Competition and Markets Authority (CMA) has provisionally found that 5 major banks – Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada – each unlawfully shared competitively sensitive information by participating in one or more series of one-to-one conversations in chatrooms.

24 May 2023

News/payments

Deutsche Bank wins Moss payments mandate

Berlin-based spend management platform Moss has selected Deutsche bank to handle payment transactions for its customers in the EU.

16 May 2023

Company announcement

Deutsche Bank to acquire Numis

Deutsche Bank today announces that it has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation Plc.

02 May 2023

News/wholesale

Deutsche Bank to shut down IT operations in Russia

Deutsche Bank is reportedly preparing to wind down its software operations in Russia, offering severance packages to the 500 IT staff on its pay roll in Moscow and St Petersburg.

12 April 2023

News/markets

More Wall Street giants back Versana syndicated loan platform

Deutsche Bank, Morgan Stanley, US Bank and Wells Fargo are the latest financial services players to back Versana, joining a $40 million capital raise for the syndicated loan platform.

29 March 2023

News/crypto

Banks lead $65 million investment in crypto-infrastructure firm Taurus

Credit Suisse has led a $65 million Series B round in Swiss crypto infrastructure provider Taurus, with participation from other major financial institutions.

14 February 2023