Deutsche Bank Bond Tokenized on EOS Network

A bond issued by the problem-ridden Deutsche Bank has been tokenized on the EOS network. The creation of tokenized assets is nothing new, but this time, the decision raised eyebrows. EOS-Supported Tokenized Bond Met with Skepticism EOS, a much-touted project, is still seen as dubious, hosting significant bot activity in its distributed app market. Possibly, […]

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Deutsche Bank Raided Over 2018 Danske Bank Money Laundering

German authorities have raided the Frankfurt headquarters of Deutsche Bank, for information pertaining to the 2018 Danske Bank money-laundering scandal. Prosecutors were looking for evidence that Deutsche Bank either facilitated the money-laundering or failed to report suspicious transactions quickly enough. Pass The Deutsche On Danske’s Right Hand Side The search, reported by Reuters, involved three […]

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Deutsche Bank Joins JPMorgan’s Crypto Payments Network

JPMorgan’s blockchain-based payments initiative has added Deutsche Bank as its latest member. The addition brings the total number of banks signed up for the Interbank Information Network (IIN) to 320, according to a report from the Financial Times on Sunday. Announced in October 2017, IIN is built on Quorum, the ethereum-based blockchain network developed by the banking […]

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Deutsche Bank’s Radical Pivot Ignites Stock Implosion

German multinational investment giant Deutsche Bank‘s stock plunged nearly 6 percent today after news emerged of a dramatic cost-cutting drive that could eliminate 18,000 jobs. Deutsche Bank Stock Slides Nearly 6% On Sunday, the bank announced its exit from the equities sales and trading business, revealing that it plans to overhaul its operations and return […]

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