Tag: Deutsche Bank

DirectBooks, FinTech innovator, secures strategic investment from Mizuho Americas

Mizuho Americas has made a significant strategic investment in DirectBooks®, the paramount FinTech platform revolutionising primary market communications.

Industry experts shed light on AI’s transformative role in finance

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.

German InsurTech heavyweight Wefox raises $55m

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

Deutsche Bank’s DWS faces $25m penalty for AML, ESG failures

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

German FinTech Solaris in tight spot getting funding

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 EIB launch €400m initiative targeting SMEs

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 penalties for global financial institutions see sharp decline in H1...

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’s Chase set to disrupt European online banking landscape

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 faces $186m penalty over AML failures

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

CMA exposes potential anti-competitive activity in UK’s bond market by top-tier...

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

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