Cognizant Expands AI Workforce; Deutsche Bank Settles Lawsuit
Cognizant Technology Solutions (CTSH) announced plans to hire 1,500 U.S. college graduates by 2026 as part of its continued investment in artificial intelligence and digital transformation services. Deutsche Bank AG has reached a settlement with the Securities and Exchange Commission over an enforcement action related to compliance failures involving unregistered securities transactions between 2018 and 2023, marking another resolution for the bank amid ongoing regulatory scrutiny. These developments highlight growing corporate investments in AI capabilities as well as continued legal challenges facing major financial institutions.
Tickers: $CTSH
Topics: AI hiring plans workforce expansion