Deutsche Bank opened an innovation lab in New York on Tuesday.

In so doing, it joined the latest fad among large international banks: courting fintech companies with trendy digs in the so-called Silicon Alley. Barclays opened Rise, an exposed-brick-high-ceilinged-big-windows loft space in the Flatiron District, in July 2015. BNP Paribas opened a similar space in its Manhattan office in September. And Accenture and Deloitte, the international consultancies to banks, have recently opened fintech innovation labs in New York, too.

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