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Banking

Deutsche Bank turns to a known quantity as digital shakeup continues

Deutsche Bank has extended a contract with Kyndryl (previously IBM Infrastructure Services) to run its continental European core banking and mission critical IT infrastructures, in what the two described as one of the “largest and longest-running vendor contracts in the financial industry” at nearly 20 years together. Kyndryl will also

BIS warns “Big Tech” a risk to financial stability as regulatory concentration risk fears linger

Hyperscalers may be tired of making the case for resilience, regulators are not done with fretting...

Monzo, Starling top current account ratings as fintechs thrive -- RBS hits rock bottom

Monzo and Starling, the two British fintech rivals, have topped a new survey of 16,000 people for best current accounts (by overall customer satisfaction) with Royal Bank of Scotland (RBS) performing worst. The best current accounts survey reflects the extent to which digital-only fintechs with responsive and slick front-end

Natwest appoints Scott Marcar as new Group CIO, amid £3b digita drive

Incoming Group CIO joins from Deutsche Bank.

Credit Suisse seeks salvation in digital transformation

100,000 servers, 90,000 workstations, 37,000 relational databases, 3,000 apps...

Investment Bank boards urged to get a grip on technology risk

"Your CEOs may need to start making different types of phone calls..."

BIS touts digital currencies for future monetary system

Central Bank Digital Currencies support innovation, "seamless" cross-border activity

ING CTO: We're shifting applications aggressively to private cloud

"It's quite unique for a bank to build such an extensive in-depth technology platform..."

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