(Bloomberg) -- Deutsche Bank AG is moving 80 employees responsible for its loyalty scheme payments app "Yunar" from Frankfurt to Berlin.
By moving to Germany's capital the business aims to attract innovative talent by being based in the heart of the country's digital hub, the bank said in a statement.
Yunar, which will be led by Caren Genthner-Kappesz and Reiner Kraft, is part of the lender's digital venture unit. Yunar is a digital service provider for loyalty and loyalty programs in Germany.
To contact the reporter on this story: Sarah Syed in London at ssyed35@bloomberg.net
To contact the editors responsible for this story: Dinesh Nair at dnair5@bloomberg.net, Chad Thomas
©2019 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
