In 1H21, the bank's Asian wealth balances soared, concurrent with improved digital capabilities and new sustainable offerings that aim to cater to Asian client demand.
At the launch of its Hong Kong office, London & Capital highlights its role as an independent asset manager and discusses why Asia is the go-to place for all wealth managers.
That's why private banks have been tripping over each other to set up offices, reorganise and poach talent, in an effort to woo the increasing number of wealthy in Asia.
Deutsche Bank Private Wealth Management hires senior relationship managers and investment advisory bankers for its Southeast Asia team in a continued effort to build its private banking business.
Soh Chye Guan and Errie Maksum will join as market heads of Singapore/Malaysia and Indonesia, respectively, with four other bankers also coming on board in the Lion City.
Abhisit Vejjajiva also underlined a commitment to reforming the country's financial system in an address to delegates attending AsianInvestor's conference in Bangkok.