Deutsche Bank and Google to form strategic global, multi-year partnership to drive a fundamental transformation of banking
(WorldNews Europe)

Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) and Google Cloud have agreed to join forces and form a strategic partnership that aims to redefine how the bank develops and offers its financial services. The partnership is unique in that it will not only deliver cutting edge cloud services to Deutsche Bank, but also enable co-innovation between the two companies to create the next generation of technology-based financial products for clients. Both parties have signed a Letter of Intent and plan to sign a multi-year contract within the next few months. The partnership will enable Deutsche Bank to accelerate its cloud transition and build on the engineering capabilities of both companies. Together...