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Deutsche Bank plans Asia wealth expansion with 50 new hires

Bank's Asia wealth business has suffered two years of declining AUM

The Bank's investment in Asia reflects how serving the region's rich is becoming a pillar of banking.


DEUTSCHE Bank AG is stepping up hiring for its Asian wealth-management business as part of a "multi-year" expansion to bolster a unit that has lost key executives and assets in recent years.

Deutsche Bank Wealth Management plans to add 50 client-facing positions including...

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