Deutsche Bank Bows to Inevitable as IPhone Supplants BlackBerry

  • German bank confirms it’s phasing out use of the devices
  • Lender kept using BlackBerry longer than many competitors

The keypad sits on the Blackberry Keyone smartphone, ahead of the Mobile World Congress (MWC) in Barcelona, Spain, on Saturday, Feb. 25, 2017. A theme this year at the industry's annual get-together, which runs through March 2, is the Internet of Things.

Photographer: Chris Ratcliffe/Bloomberg
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Deutsche Bank AG is bowing to the inevitable and replacing the BlackBerry devices that were issued to its staff with Apple iPhones.

A Deutsche Bank spokesman confirmed that the lender is phasing out the devices, without commenting further. The company’s employees were increasingly giving up their BlackBerry phones in favor of ones they’d bought themselves under a Bring-Your-Own-Device policy, according to two people briefed on the matter. Some clients had made fun of the bank for still using BlackBerrys, another person said.