Deutsche Bank to Hire 50 for Asia Wealth Business in Second Half

(Bloomberg) -- Deutsche Bank AG's Asia wealth-management business plans to add 50 client-facing positions including relationship managers during the second half of the year, the head of the unit said.

That will be on top of 13 hired in May in locations including Hong Kong, Lok Yim, Asia-Pacific head for Deutsche Bank Wealth Management, said in a phone interview Thursday. He declined to spell out the exact hiring target for relationship managers, which totaled close to 200 as of December at his unit.

To contact the reporter on this story: Chanyaporn Chanjaroen in Singapore at cchanjaroen@bloomberg.net.

To contact the editors responsible for this story: Marcus Wright at mwright115@bloomberg.net, Darren Boey, Robert Olsen

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