DB renews WM contract with Avaloq in six jurisdictions through 2028

Deutsche Bank has extended its wealth management contract with cloud banking provider Avaloq in Asia and Europe until the end of 2028, according to a press release by Avaloq today. The contract covers Deutsche Bank’s wealth management businesses in six countries: Switzerland, Luxembourg, the UK, Saudi Arabia, Singapore and Hong Kong. The renewal of the contract means that Deutsche Bank…

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