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Banking

Standard Chartered to support EUR settlement via blockchain

Multinational takes stake in Partior, joins DLT network, to offer EUR settlements...

Morgan Stanley CEO James Gorman: “I'm perfectly happy to see our tech spend go up”

Cloud, robo-advisors among priorities...

Legacy tech is holding back AI/ML deployments in financial services: BoE

Insurers are taking the lead, however...

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...

Credit Suisse crisis: Storm rages as bank eyes deeper restructuring, asset sales

Buckle your seatbelts...

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...

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