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Rich Asians Give Deutsche Bank Crazy Growth Potential

Chanyaporn Chanjaroen
Rich Asians Give Deutsche Bank Crazy Growth Potential

In Deutsche Bank AG Chief Executive Officer Christian Sewing’s push to get back into growth mode, there’s one specific business in which there are pretty much no hiring limits. The private bank in Asia is still recruiting, even after bringing on board about 100 relationship managers and support staff in the first half, Lok Yim, who runs the Asia-Pacific wealth business, said in an interview. Few businesses offers such eye-watering opportunities for global banks right now as catering to Asia’s swelling millionaire class.