Deutsche Bank and UBS join $31m fundraising round in blockchain tech provider Axoni
Axoni’s has raised a total $90 million, with existing investors Citi, Goldman Sachs, HSBC, JP Morgan and Wells Fargo also participating in the latest round.
Tag: Deutsche Bank
Deutsche Bank appoints UK corporate banking head to lead global securities services
The appointment marks the return of the global securities services role back to London after nearly three years.
Custody
State Street axes Deutsche Bank as its sub-custodian in over a dozen countries
Deutsche Bank’s sub-custody business dealt a huge setback as its biggest client severs ties, casting a shadow over the German securities services provider’s future.
Ex-Deutsche Bank, State Street securities finance experts links up with MUFG
MUFG continues to invest in securities finance team with new hire in Luxembourg.
Deutsche Bank to work with Singapore FinTech on digital assets PoC
The project will explore a range of technological and practical feasibilities of digital assets to form the foundation of an integrated platform.
Deutsche Bank facilitates securities borrowing transaction for offshore investor in China
Short selling and margin financing volumes by offshore investors in China are set to take off following the new relaxation measures last month.
Deutsche Bank eyes cloud deployment for securities services following Google partnership
Over the past year, Deutsche Bank has accelerated its adoption of new and disruptive technologies for its securities services division.
Enter the dragon
China is opening up its $4.2 trillion capital market to foreign investors following a recent wave of regulatory relaxation. The race is now on for international custodians to set up shop and service both foreign and domestic fund managers.
Not settling for failure: The custodians hoping to predict future settlement fails through AI
With settlement becoming a multi-billion-dollar cost for the industry and regulation set to heap complexity on failed trades, custodians are looking to apply technology to spot weaknesses and predict future fails.
Deutsche Bank eyes fund custody license in China by year-end
GC understands Deutsche Bank has devoted a significant amount of investment to build up its local fund custody platform in China.