JP Morgan and Deutsche Bank clear first non-deliverable FX options on LCH ForexClear
The two investment banks were the first to clear the non-deliverable foreign exchange (FX) options that launched today extending the offering at LCH ForexClear.
The two investment banks were the first to clear the non-deliverable foreign exchange (FX) options that launched today extending the offering at LCH ForexClear.
Balbir Bakhshi joins the London Stock Exchange Group as chief risk officer after more than 25 years’ industry experience at Credit Suisse and more recently Deutsche Bank.
The strategic multiyear partnership with Google is the first of its kind in the financial services industry, said Deutsche Bank.
The new service is powered by Elastic, where Deutsche Bank will use its machine learning and anomaly detection features.
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.
Primary investors Citi, Deutsche Bank, and Deutsche Börse raised $15 million for CloudMargin in its largest funding round to date.
Christian Sewing, CEO of Deutsche Bank, echoed comments he made at the institution’s AGM on consolidation for banks in Europe in the medium-term.
By leveraging previously established bots for a new digital solution, BNY Mellon and Deutsche Bank are aiming to improve custody processes for emerging market currency trades.
Deutsche Bank and Google have confirmed plans to sign a multi-year agreement that will transform the bank’s IT infrastructure and deliver new technologies.
Neal Pawar joined Deutsche Bank in September as chief information officer, but has now stepped down and departed due to personal reasons.