Meiji Yasuda expands Man Group private-credit backing to $1.3 billion
The expanded partnership includes a possible 5% stake in Man Group and joint development of products for Japan.
Deutsche Bank uses AI to shorten some loan decisions to minutes
The lender plans more than €2.5 billion in additional technology spending between 2026 and 2028 as it expands AI use and manages security risks.
Deutsche Bank has reduced the time needed for some smaller corporate lending decisions to minutes rather than weeks through an AI project launched over the summer, technology chief Marie-Jeanne Deverdun said in an interview.
The system also allows some decisions on loans to multinational companies to be made in weeks instead of months, she said. Deverdun said smaller corporate borrowers have less complex organizational and legal structures.
The German lender plans to spend more than €2.5 billion on additional technology investment between 2026 and 2028. It does not publish its overall technology budget.
Deverdun said the bank has developed ADA, an internal AI platform named for computing pioneer Ada Lovelace. The platform supports the development and supervision of AI agents, helps manage their risks and lets the bank change models as the technology develops.
Deutsche Bank is also preparing for its agents to communicate directly with those used by clients, Deverdun said. She described cybersecurity risk management as her top priority and said the lender was committing resources to protection against emerging technological threats.
The deployment comes as banking regulators intensify efforts to address AI risks. Major U.S. banks have started preventing third-party AI agents from accessing customer accounts amid concerns about potential harm to financial institutions and the banking system.