“We need to fundamentally shift how we build tech”: read Deutsche Bank memo on £12bn IT plan
https://tech.newstatesman.com/fintech/deutsche-bank-tech-memo-strategy
German investment giant Deutsche Bank has announced plans to create an innovation division as part of a £12bn investment in new technology.
In an internal memo shared with employees on Monday (7 October), the bank’s recently appointed tech chief, Bernd Leukert, said the division would lower costs and “fundamentally shift” how the bank builds platforms.
