Deutsche Bank Opens Innovation Hub in Shanghai

Deutsche Bank is looking to tap into China's burgeoning startup and innovation ecosystem with the opening of its first innovation hub, 'Blue Water Fintech Space', in Shanghai. The facility will be run by a dedicated Innovation and Digital Solutions team with the aim of providing clients with new ideas though digital transformation workshops, proof of concept roadshows, acceleration and incubation of fintech projects. The bank is also seeking new innovations in design thinking, AI, robotics, biometric technology and Internet of Things that can be applied across its tech estate.