Tag: Deutsche Bank

While many see generative AI as the superpowered technology stack that can do everything, it might be better placed to serve as the orchestrator for other systems.

Wefox, the InsurTech powerhouse based in Germany, has successfully secured a substantial investment to the tune of $55m.

DWS Investment Management Americas has been charged by the SEC in two separate enforcement actions leading to a settlement $25m.

Solaris, a prominent figure in the German FinTech sector, is experiencing hurdles as it tries to garner the necessary funding, casting shadows over its capability to fulfil a pivotal credit card agreement for ADAC, Europe’s leading motorists association. This situation hints at emerging challenges in the European FinTech domain.

Deutsche Bank and the European Investment Bank (EIB) have announced the launch of a new €400m collaboration, aimed at supporting sustainable transformations at medium-sized companies.

Regulatory fines slapped on global financial institutions saw a staggering 88% dip in H1 2023 compared to the same period last year. This significant decline was unveiled in a report from Fenergo, the top-tier provider of digital solutions in client lifecycle management (CLM).

JPMorgan (JPM.N) is set to broaden its horizons by introducing its online bank, Chase, to Germany and other countries within the European Union.

Deutsche Bank has been hit with a fine of $186m by the Federal Reserve Board due to deficient AML practices and other violations.

The CMA has issued provisional findings indicating potential collusion among five significant banks on the trading of UK government bonds. 

MPOWER Financing, a mission-driven FinTech company specializing in non-cosigned loans for promising international students, announced the closure of a $150m revolving asset-backed warehouse facility with Goldman Sachs.