Deutsche Bank Archives

BNY Mellon and Deutsche Bank Partner to Develop New API-Enabled FX Solution

July 8, 2020

BNY Mellon and Deutsche Bank announced today they have jointly developed a new API-enabled foreign-exchange (FX) solution to improve confirmation times for restricted emerging-market currency trades. The dig...

Deutsche Bank Executes Asia’s First FX Forward Using ESG KPIs

June 26, 2020

Deutsche Bank announced this week that, alongside Olam International, it has executed the first foreign exchange (forex) derivative linked to environmental, social and governance (ESG) key performance indicat...

Deutsche Bank Enables Messaging Platforms with a Reach of 3+ Billion Users

June 25, 2020

To simplify and improve its client interactions through secure and compliant channels, Deutsche Bank announced today, it has enabled the Symphony Connect Solution for secure chat and collaboration with its cl...

Deutsche Bank Pays $10.25M in Reporting Failures, Spoofing Settlements

June 18, 2020

The Commodity Futures Trading Commission (CFTC) today settled two cases with Germany’s biggest lender and its securities arm, ordering Deutsche Bank to pay over $10 million. The first order imposes a $9 mill...

Cobalt Goes Live with Deutsche Bank, XTX Markets and Saxo Bank

September 23, 2019

Cobalt has launched its post-trade infrastructure with the help of more than 20 leading financial institutions. With higher volumes but smaller ticket sizes in the foreign exchange (forex) industry making ...

Deutsche Bank’s Prime Brokerage Sale Still in Preliminary Stage

July 18, 2019

Deutsche Bank confirmed the news that it is in talks with BNP Paribas on the sale of its prime brokerage business, which provides trading and other services for hedge funds, but the deal is still at a prelimi...

Deutsche Bank Loses its Global Head of Fixed Income

July 17, 2019

Deutsche Bank has lost its global head of fixed income, Ioannis “John” Pipilis, slightly more than a week after the German bank revealed that it was restructuring its bond-trading business. The move was repo...

Deutsche Bank to Boost FX as it Cuts 18,000 Jobs

July 8, 2019

With a morning of gloom settling over several global offices of Deutsche Bank, the foreign exchange desks of the firm remain largely unaffected by the latest round of cost-cutting. Over the weekend the compan...

The Old World Crumbles: Deutsche Bank To Fire 20,000 And Wind Down Investment Arm

July 8, 2019

German banking giant Deutsche Bank announces plans to fire almost 20,000 employees and exit equities sales and trading business. German banking giant Deutsche Bank had announced plans to fire almost twenty t...

Deutsche Bank Loses Head of EMEA FX Amedeo Ferri-Ricchi

June 3, 2019

Deutsche Bank has been stuck in a negative news cycle for a while now. Job cuts, poor financial performance, money laundering investigations, and lawsuits have all hampered the German lender. Now, it has repo...