Tag: Deutsche Bank

Deutsche Bank’s Wealth Management Arm Advises Against Buying Bitcoin

Cryptocurrency users have no love lost for financial institutions. This is especially true when it comes to Deutsche Bank, which is considered by many to be “too big to fail”. It now seems the bank’s Wealth Management arm is advising users not to invest in any cryptocurrency, especially not in Bitcoin. There are a lot of issues associated with these markets, including the high volatility, price manipulation, and even data theft. …
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Deutsche Bank’s Jim Reid Fears Fiat Currency Will Disappear Rather Soon

There have been a lot of discussions as to what Bitcoin and other cryptocurrencies may be able to achieve in the long run. This new form of money has a lot of potential, although that doesn’t mean it will replace fiat currency anytime soon. The latter category may not be around forever, though. Deutsche Bank’s Jim Reid, for one, firmly believes fiat currency will cease to exist soon. Fiat Currency has Many …
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Deutsche Bank CEO Says Bankers and Accountants Are Not Safe From Automation

We constantly hear about how technology, robots, and computers are coming to replace us in the workplace. However, some jobs are at higher risk than others. For this reason, many people who are not in low-skilled or manual labor positions often feel somewhat safe from the oncoming technology revolution. Deutsche Bank, the large international financial institution, recently cast doubt on this kind of thinking when its CEO alluded to replacing the …
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Deutsche Bank Appoints Two New Innovation Team Members

Deutsche Bank has not made media headlines in a positive manner all that often lately. That situation is about to change, as the institution is putting more focus on their innovation team. Fintech, the blockchain, and other technologies that can be of use will all be looked at. Moreover, two new team members have been added to oversee these changes. Deutsche Bank Goes In The Right Direction After all of …
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