Deutsche Bank and Google agree multi-year, strategic partnership

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Deutsche Bank said on Tuesday it has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services ...

Deutsche Bank said on Tuesday it has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients.

Earlier this year, Deutsche invited bids from Google, Microsoft , and Amazon to overhaul the bank's outdated and fragmented technology networks.The deal is part of a 13 billion euro technology investment Deutsche has planned up to 2022 as it restructures to recover from years of losses.

 

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