Deutsche Bank Wealth Management has unveiled plans to hire about 100 client managers in high-growth markets across the globe in 2017 to expand client coverage of wealthy individuals, especially in the Asia Pacific region.
Around half of the new employees will focus on Asia-Pacific. The remaining new hires will target entrepreneurs in the US and ultra-high net worth clients in the UK, Middle East and other parts of EMEA.
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At the same time, the group also unveiled plans to invest €65m to support digital transformation. This includes a digital core proposition with customised Chief Investment Office news and portfolio health checks features.
Over the coming 18 months, the bank also plans to upgrade client-focused processes and systems.
Deutsche Bank Wealth Management global head Fabrizio Campelli said: “Deutsche Bank Wealth Management has a unique proposition for its clients as a German, European and truly global institution that is able to give seamless expert advice to its clients, their families and their businesses.
“We are ready to innovate with bespoke solutions like no one else and we connect our clients to one of the world’s leading capital-markets institutions.”
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By GlobalData
