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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

Published Thu, Jun 1, 2017 · 09:50 PM

Singapore

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 relationship managers during the second half of the year after hiring 1…