Deutsche Bank

The recruitment effort comes as it targets double-digit growth in key measures of the business

This comes amid concerns that Radiant World provided banks with falsified documents about iron ore trades

It marks the third time that prosecutors are known to have searched Deutsche Bank this year

The bank is implementing measures to prevent further reporting errors

The business with around 1,000 employees comprises around 2.7 billion euros (S$3.98 billion) in loans and serves 150,000 customers

He said the bank remains cautious about deploying AI for everything

The changes come at a time as Hong Kong and China now drive most dealmaking and revenue for global banks operating in Asia

Q1 net profit attributable to shareholders is 1.91 billion euros, up from 1.78 billion euros the year before

The 18-month transaction takes the form of a revenue bond backed by ticket sales of several carrier routes