The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc. in challenging critics of DEI.

The bank is sourcing compute resources five to 10 years out, said Darrin Alves, CIO of infrastructure platforms.

Investment bank Lazard reported a rise in fourth-quarter profit on Thursday owing to a strong performance in its advisory business, which benefited from an industry-wide resurgence in dealmaking as ...