Tag: Deutsche Bank

Estonian authorities expand probe into suspected Danske Bank money laundering transactions

The Danske Bank money laundering scandal has taken another turn. The Estonian prosecutor expanded their investigation into transfers worth $2bn that were made through the Danish bank.

Investors sue Danske Bank for money laundering scandal

Roughly 60 investors are suing Danske Bank over the money laundering scandal.

Deutsche Bank implements new document management solution

Deutsche Bank has implemented a new cloud-based legal document management system through a new deal with NetDocuments. Its new service will ensure secure and quick...

Financial services could save up to $140bn in the next five...

Banks, insurance companies and capital firms are some of the businesses that could save hundreds of billions through automation and artificial intelligence.

HSBC picks MuleSoft’s open-banking solutions as banks worldwide rush to modernize...

Big lender HSBC has taken another step towards re-imagining its offering for the 21st century by leveraging MuleSoft’s application-building platform.

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.

Danske Bank’s profits drop as the lender deals with fallout from...

The Danish lender Danske Bank saw its shares plummet by 4.1% as it revealed that it is expecting net profits to be on the low end of its previous estimates.

The EU may set up a new anti-money laundering authority

Several huge money laundering scandals have swept across Europe over the past year. Now, the European Commission may get the power to set up...

After the $924m loss: “One has to look very hard to...

German Deutsche Bank suffered losses for a second quarter in the row as the lender is trying to update its business model.

Whistleblower claims Deutsche Bank took years to alert authorities about Danske...

Despite a whistleblower flagging suspicious transactions five years ago, Deutsche Bank allegedly waited until February this year to disclose one million suspect money transfers it did for Danske Bank.

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