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BNP Paribas and Deutsche Bank announce that the agreement to refer clients and to transfer technology and key staff from Deutsche Bank’s Global Prime Finance and Electronic Equities businesses to BNP Paribas has received the necessary approvals and is now unconditional.
This important milestone was achieved within a short period thanks to the close collaboration between the teams of BNP Paribas and Deutsche Bank as well as the banks’ strong commitment to ensure a continuity of service to their global institutional clients.
For further information please contact:
Deutsche Bank AG
Media Contact Rupert Trefgarne Phone: +44 (0)20 7541 5635 E-mail: Rupert.firstname.lastname@example.org
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About Deutsche Bank
Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to...
Artificial Intelligence (AI) has the potential to unlock innovation, increase efficiency and improve the customer experience. But as well as the opportunities it opens up, how do we ensure AI is applied responsibly in financial services? This is the question at the heart of a new white paper released this week in Singapore, designed to guide the ethical use of AI in the sector and highlight what financial organisations, technology companies and regulators need to think about as adoption of this powerful technology grows.
“AI developments are focused on making the technology as autonomously "intelligent" as possible, but with growing awareness of AI’s potential implications, we also need to ensure that it is understood and that trust in it is maintained,” said Chris Bezuidenhout, Deutsche Bank’s APAC CIO and project sponsor for the Deutsche Bank team in the study.
Commenting on one of the paper’s key recommendations that a core set of principles for responsible...
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