Deutsche Bank Wealth Management to hire 50 bankers in Asia-Pac

DEUTSCHE Bank Wealth Management said on Tuesday it plans to hire 50 new bankers in Asia-Pacific, and boost investments in digital technology.

The bank told The Business Times the fresh "client-facing employees" in this region will be part of the overall 100 new hires globally. The bank also plans to invest 65 million euros (S$100 million) in new digital capabilities over the next 18 months.

"Deutsche Bank Wealth Management is making significant investments in growth, targeted at opening up brand new relationships in high-growth markets and in meeting the needs of our clients to interact with them in new digital ways," said Fabrizio Campelli, global head of Deutsche Bank Wealth Management, in a press statement.