Dresdner Kleinwort has struck a landmark deal with a top banking software vendor after effectively outsourcing the development of one of its key internal platforms to the third party specialist.

The German bank has sold eLoancoordinator, a syndication platform for the primary loan market, to Misys, a global software and solutions provider. However, Dresdner will continue to use the book-building system, while the software company is free to sell it to Dresdner's banking rivals.

Dresdner Kleinwort outsources bookbuilding platform

Lianna Brinded

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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Some firm leaders have shrugged off deals as unenforceable, while at least one has taken on trade work for the administration with no fanfare.

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Tricks of the trade gain new importance as 401(k) accounts open up to alternative investments.

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Trump Calls on Goldman to Replace Economist Over Tariff Stance

Tech execs are paying tens of thousands to find brilliant dates or select high-IQ embryos. “They want to raise high-performing children.”

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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Bank of England Cuts Rates After Tight Vote

The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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Coinbase’s Profit Jumps on Crypto Investment Gains

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America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade.

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