Deutsche Bank Leads the Discussion at BAFT-IFSA Global Annual Meeting for the Americas
NEW YORK--(BUSINESS WIRE)-- Deutsche Bank announced that Werner Steinmueller, Member of the Group Executive Committee and Head of Global Transaction Banking, Deutsche Bank, today gave the keynote address at the BAFT-IFSA Global Annual Meeting for the Americas in Naples, Florida. In his keynote address titled, "No More Words: Time for Action!" Steinmueller emphasized the importance of adapting to a new regulatory environment.
"Never before has the transaction banking industry been impacted by such drastic change in a relatively short period of time. Legislation such as Dodd Frank, Basel III, FATCA and SEPA are driving change and need to be addressed head on," Steinmueller said. "These regulatory developments entail more than just challenges as they can also foster new business solutions and service models. Providers have the opportunity to help clients successfully navigate the increasingly challenging environment so that they can benefit from reduced costs, improved operations and tighter compliance controls."
Additional BAFT-IFSA conference sessions featuring Deutsche Bank Global Transaction Banking speakers include:
"BPO Commercialization by Banks and E-Invoicing" with panelist Zoran Kanlic, GTB Product Management - Global Head of Supplier Finance, on Monday, April 29 at 3:45pm.
"The Development of ISO Standards for Payments" with panelist Bernd Waizenhoefer, GTB Product Management - Head of FIs Cash Clearing EMEA, on Tuesday, April 30 at 8:00am.
"Reg E and Dodd Frank" with moderator Stephen Wojciechowicz, Cash Management Financial Institutions, on Tuesday, April 30 at 10:00am.
For more information about the BAFT-IFSA conference, please visit: http://www.baft-ifsa.com/eWeb/docs/2013GlobalAnnual/GAMAgenda.pdf
About Global Transaction Banking
Global Transaction Banking provides commercial banking products and services for both corporates and financial institutions worldwide, including domestic and cross-border payments, cash management, risk mitigation and international trade finance as well as trust, agency, depositary, custody and related services.
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.
Deutsche Bank AG
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Duncan King, +1 212-250-4864
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