Only 12% Of Deutsche Bank Clients See Bitcoin Over $100K Next Year

A German report mentions how customers of Deutsche Bank have been a victim of a double-debit. Several thousand customers have been charged twice on June 1st and 2nd. Although there is no official explanation for this debacle, a lot of clients are outraged regarding this situation. A mistake can always happen in the banking sector, but charging customers twice in as many days is rather unusual. Clients of Deutsche Bank may want to keep an eye on their statements, as several thousands of consumers have been affected by this very strange incident. Deutsche Bank Operations Are Messed Up.....

Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about the future outlook for the U.S. economy. Major US Recession Incoming, According to Deutsche Bank’s Economists Deutsche Bank has predicted a deeper downturn than its previous forecast for the U.S. economy in a report to clients, published Tuesday. The bank’s economists, including David Folkerts-Landau, group chief economist and head of research, explained in the....

German global banking and financial services company Deutsche Bank is set to launch three startup innovation labs in Silicon Valley, London and Berlin to accelerate fintech (financial technology services) companies, which could potentially help the bank’s clients in the financial sector. The Chief Information Officer of Deutsche Bank, Kim Hammonds told American Banker that out of the 500 companies, which will be evaluated, 50 startups will be implemented either by Deutsche Bank or by the bank’s clients. As of now, the reserved sum of investments for the accelerator has not been disclosed.....

Deutsche Bank has predicted that the price of bitcoin will increase nearly 40% from the current level to $28K by the end of the year. The bank’s analysts also warned that “the crypto free fall could continue.” Deutsche Bank’s Bitcoin Price Prediction Deutsche Bank has reportedly predicted that the price of bitcoin will rise to $28,000 by year-end, Bloomberg reported Wednesday, citing an analysis by the bank’s senior economist and market strategist Marion Laboure and research analyst Galina Pozdnyakova. Based on their analysis,....

Deutsche Bank sees The DAO incident as a timely reminder of the importance of testing products before they are unleashed. In 2014 Deutsche Bank launched a series of innovation labs in collaboration with IBM, Microsoft and the Indian outsourcing company HCL. The aim was to improve the bank’s digital banking services. Deutsche Bank’s Blockchain project is now out of the ‘proof of concept’ stage. Deutsche Bank’s labs are based in Berlin, London and Palo Alto. Their Palo Alto lab’s aim is to evaluate emerging technologies from Silicon Valley and apply them to enhance their products. The three....