Deutsche Bank AG has awarded an IT outsourcing contract to IBM for an undisclosed amount, the company said yesterday. In June, the Frankfurt-based bank had narrowed its list to IBM and CSC Ploenzke AG ...

In the deal, expected to begin in the first quarter of 2003, Deutsche Bank will transfer its European computer data centers and technology workers to IBM, which will provide the bank with computing ...

Toronto-based Scotiabank has hired IBM Canada Ltd. in an outsourcing deal worth $578.3 million over seven years. According to the agreement, IBM Canada Global Services will manage the bank’s domestic ...

NatWest Bank is working with IBM to use generative AI (GenAI) to extend the capabilities of its virtual assistant. GenAI technology will be used by the bank’s virtual assistant, Cora, to enable it to ...