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Deutsche’s move represents a turnaround on previously liberal work-from-home policies introduced by the bank during COVID-19, which allowed staff to spend 40-60% of their week working remotely.
The IBC was built by Deutsche Bank on a design by architect Kohler and was completed in 2003. It is situated at Theodor-Heuss-Allee close to the Frankfurt Trade Fair grounds. Originally, Deutsche Bank planned as Investment Banking Center to concentrate such financial activity in the complex. This has never been implemented.
The Avaloq Banking Suite software is used by over 450 customers including HSBC, Barclays, Royal Bank of Scotland, UBS, Deutsche Bank, Nomura and Societe Generale. [1] Some of the customers have performed business process outsourcing to Avaloq itself for the actual running of the core computing service, which uses cloud computing .
The branch opening in London, after one failure and another partially successful attempt, was a prime necessity for the establishment of credit for the German trade in what was then the world's money center. [12] Deutsche Bank also took advantage of the Panic of 1873 by taking over a number of banks in liquidation, including the Berlin-based ...
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Deutsche Bank is headquartered in Germany. “Remote workers are contributing less to the infrastructure of the economy whilst still receiving its benefits,” analyst Luke Templeman wrote.
The 400 former branch employees were transferred without any layoffs to Postbank, also a subsidiary of Deutsche Bank. [7] Today, Norisbank employs around fifty people (mainly in management), and a large part of its banking services are provided by other employees within Deutsche Bank Group. [3] Since December 2014, Bonn is the seat of Norisbank.
Edson Mitchell (1953–2000) was an American investment banker and executive. He served as the head of Deutsche Bank's global markets organization. During his tenure, he transformed the bank into a major and highly profitable player in trading bonds, securities and foreign currencies.