BOSTON - Since J.P. Morgan Chase & Co.'s deal for Bank One Corp. was announced late last year, industry gossips and financial services strategy mavens alike have been eager to learn where the combined ...
As many financial services companies eye outsourcing with renewed interest, Bank One Corp. is dissolving a nearly $2 billion outsourcing agreement that ranked among the industry s biggest when struck ...
Deutsche Bank is in exclusive negotiations with IBM to outsource the operation of its computer centres in continental Europe. The bank says that extensive preliminary investigations have shown that ...
What happens to an asset manager, and its clients, if it has outsourced key operations to a giant bank like State Street, JPMorgan Securities, or BNP Paribas and the bank goes bust, the UK’s Financial ...
Despite a hiccup or two, Deutsche Bank AG is more than satisfied with the results of its year-old outsourcing agreement with IBM and is studying opportunities to expand the partnership. “We are ...
(Reuters) - Swiss bank UBS (VTX:UBSN) will begin outsourcing its fixed income trading platform to two technology groups in an attempt to save costs, a source told Reuters. UBS declined to comment.
“In many ways, we see ourselves as a technology company with a banking license.” Michael Corbat, Citibank CEO Consulting firms over last two decades have guided Banks to “Outsource Technology to ...
DÜSSELDORF, GERMANY – Deutsche Bank, Germany’s largest bank, has agreed to outsource two internal business processes to Accenture as part of its ambitious program to cut costs and increase efficiency ...
FRANKFURT--Deutsche Bank hopes to save as much as €100 million by outsourcing much of its European IT and infrastructure support spend, the bank's COO, Hermann-Josef Lamberti, confirmed last week.
Royal Bank has promised it will never outsource a Canadian job to a foreign worker solely to save money. The bank updated its code of conduct on Friday, after facing intense criticism last month for ...
Sources last week said J.P. Morgan Chase & Co. is weighing a decision to outsource the bulk of its IT operations, a deal that one insider noted could rank second in size and scope to the $40 billion ...