Deutsche Bank cites progress in technology revamp at retail division
FRANKFURT, Aug 27 (Reuters) – 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 multi-year transformation of its technology infrastructure.” • It follows past stumbles that included a botched […]