Shifting Sentiments: A Deep Dive into Consumer Perceptions of Bitcoin
The perception of Bitcoin among consumers is undergoing a subtle shift, as indicated by findings from a recent Deutsche Bank survey released on Monday. While still accompanied by skepticism, there’s a notable decrease in apprehension, with just under a third of respondents anticipating a sharp drop in Bitcoin’s price by the end of 2024. Significance […]
Deutsche Bank Partners with Taurus to Offer Custody Services for Institutional Clients’ Digital Assets
Deutsche Bank has forged a strategic partnership with the Swiss cryptocurrency firm Taurus to offer custody services for institutional clients’ digital assets and tokenized financial instruments. This groundbreaking collaboration marks a significant step for Deutsche Bank, allowing it to securely hold a limited selection of cryptocurrencies and tokenized versions of traditional financial assets on behalf […]
Investors learn Russian stakes are loose; Deutsche breaks the news
Deutsche Bank, Germany’s largest bank, has informed its clients that it can no longer guarantee full access to their Russian stocks, highlighting the challenges faced by global investors seeking to recover their investments in Russian companies. In a note dated June 9, the bank revealed a shortfall in the shares that support the depositary receipts […]
Deutsche Bank set to face suit over Epstein & Russian oligarch ties
Deutsche Bank AG (DBKGn.DE) is under fire for its recent blunder, where it reportedly had swept shortcomings under the rug while signing deals behind closed doors with notorious, perilous billionaires like Jeffrey Epstein, and similarly politically sensitive Russian oligarchs. The case is Karimi v. Deutsche Bank Aktiengesellschaft et al, at the U.S District Court—Southern District […]
Almost $10 MLN fined by Deutsche bank over Euribor controls
German financial regulator BaFin has fined Deutsche Bank nearly $10 million for controls which is related to the Euribor interest rate. This is in a setback for the nation’s largest lender as it seeks to restore its reputation. The 8.66 million euro $9.77 million fine announced on Wednesday is the first imposed by BaFin under a 2018 […]
There should be banking M&A – Deutsche Bank CFO
Deutsche Bank says that there should be consolidation in the European banking sector. Chief Financial Officer James von Moltke said that the task in hand is to prepare for that outcome. Von Moltke told a financial conference hosted by BofA Securities, that it should first complete a strategic overhaul before contemplating major deals. He also said that they […]
Berlin based payment service for Deutsche Bank
Deutsche Bank in Germany has announced that it has acquired Berlin-based payment service provider Better Payment for an undisclosed amount. This deal is expected to help Deutsche Bank in expanding its market share in the online payment processing market. According to press reports, Deutsche Bank will integrate Better Payment’s technical solutions. Kilian Thalhammer is the […]
Deutsche Bank overhaul ahead of plan, CEO tells investors
Deutsche Bank’s multi-year overhaul is ahead of plan and remains its primary focus said Chief Executive Christian Sewing to the shareholders, promising an era of more sustainable profit. Due to the pandemic situation, the bank’s annual shareholder meeting was held online. This meeting took place in a more relaxed atmosphere than in recent years. Which […]
Deutsche Bank sets targets for sustainable investments, women leaders
German lender Deutsche Bank said that it would pump more than 200 billion euros ($244 billion) into so-called sustainable financing and investments by 2023. This is two years earlier than initially planned. The bank is aiming at more female leaders within its ranks. Because by 2025, women will make up 35% of managing director, director […]
Emerging FX Trading Engine opened by Deutsche Bank in Singapore
Deutsche Bank is a main German monetary administrations supplier. Its London-based worldwide FX valuing motor for developing business sectors is being supplanted. In the midst of a flood in exchanging exercises across the Asian district, it is developing business across Singapore. Singapore has been chosen by the bank to improve its request execution. This is […]