Tag: Commerzbank

Robots are replacing the 18,000 staff members Deutsche Bank has sacked

Deutsche Bank has so far replaced 680,000 hours of manual work through automation after announcing a massive restructuring effort earlier this year.

US Bank becomes latest bank to slash thousands of jobs

Following in the footsteps of HSBC and Commerzbank, US Bank may become the next bank in line to make thousands of employees redundant.

Alfa-Bank and Novolipetsk Steel to pilot cross-border payments

Alfa-Bank and Novolipetsk Steel Company has teamed up with Commerzbank and Vesuvius to launch a cross-border payments program.

Commerzbank and LBBW reach milestone blockchain transaction milestone

Two banks have just completed a multi-participant deal using blockchain technology, which they hail as an important expansion of the digital trade finance ecosystem.

Bought By Many secures £15m in Series B

Online insurance support platform Bought By Many has secured £15m in its Series B funding round.

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