Tag: deutsche
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AI cuts some Deutsche Bank corporate loan decisions to minutes
FRANKFURT, Oct 26 : AI is helping Deutsche Bank cut decisions for some smaller corporate lending from weeks to just minutes, its new technology chief Marie-Jeanne Deverdun told Reuters.The project, which went live in the summer, also reduces the time taken to make some lending decisions for multinational corp
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Deutsche Telekom sees €2.5 billion in savings from AI, automation by 2030
Oct 5 : Deutsche Telekom said on Monday it expected to save around €2.5 billion ($2.8 billion) in indirect costs by 2030 compared to 2023, as the German telecommunications group expands its use of AI and automation.”AI detects peak traffic on the cellular network earlier, supports customer service represen
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Deutsche Bank cites progress in technology revamp at retail division
FRANKFURT, Aug 27 : Deutsche Bank said on Thursday that it has made progress in simplifying legacy technology at its retail division.• Specifically, the bank has chosen a new so-called core banking system as it seeks to reduce 15 systems to two.• The bank said it is “an important milestone in the m
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Germany news: Deutsche Bahn returns to profit
Rail operator Deutsche Bahn has returned to profit for the first time in years, helped by rising demand. Meanwhile, a court is set to hear a case about the forwarding of private WhatsApp messages. DW has more.
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Germany news: Deutsche Bahn reportedly returns to profit
Rail operator Deutsche Bahn has reportedly returned to profit for the first time in years, helped by rising demand. Meanwhile, a court is set to make a ruling on the forwarding of private WhatsApp messages. DW has more.
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India news: Kotak to buy Deutsche Bank retail operations
Kotak Mahindra Bank will take over the German bank’s retail, private and weath portfolios in India while Deutche Bank will focus on ultra-high net worth clients. Meanwhile, jet fuel prices have fallen. DW has more.
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Why Germany’s Deutsche Bahn will face delays for many years
Delayed, unreliable and forced into long detours due to construction: Germany no longer sets the pace when it comes to rail travel — and this is unlikely to change anytime soon. The company is mired in a deep crisis.
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German rail service resumes after nationwide breakdown
German rail operator, Deutsche Bahn, said a communications system glitch brought nearly the entire network to a standstill for two hours.
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Deutsche Bahn: Reliable no more?
A fault with a communication network halted DB’s train services across Germany on Tuesday night. The disruption left passengers stranded in trains and on platforms, and services were only restored after a few hours.
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Deutsche Bahn’s new boss wants to end Germany’s railway woes
For the first time, a woman is at the helm of Deutsche Bahn. Evelyn Palla must combat delays, train cancellations and low morale.
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