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Deutsche Bank renews effort to shrink Russian IT operations

The bank is expanding its technology hub in Berlin

Bloomberg NewsbyBloomberg News
April 12, 2023
in Banking
Reading Time: 1 min read
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Deutsche Bank AG is reviving a push to cut reliance on its IT center in Russia as it seeks to further pull out of the country after Moscow’s invasion of Ukraine last year. Germany’s largest lender has offered options to staff including severance packages and moving to other locations as “we continue to de-risk our […]

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