Deutsche Bank plans Asia wealth expansion with 50 new hires
Bank's Asia wealth business has suffered two years of declining AUM
Add BT as a preferred source
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 13 employees last month, Lok Yim, the unit's Asia-Pacific head, said in a phone interview on Thursday.
TRENDING NOW
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks
E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan
Asia-Pacific aviation: is up really the only way?
