Deutsche Bank unveils lending and investment team for UHNWs
It is looking to make the bank more ‘agile in responding to the sophisticated needs’ of its customers
Deutsche
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PEOPLE MOVES: DeVere Group, HSBC, Deutsche Bank WM
Global financial adviser firm makes two hires and German bank appoints Gulf head of wealth management
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Deutsche Wealth defends plunging Chinese equities
The trade war with the US, in a worst case scenario, could cost China around 0.5% of its GDP
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Deutsche Bank investigated over Panama Papers
Fallout hits German bank more than two years after Mossack Fonseca scandal broke
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Regulation sparked Deutsche Bank’s UK financial planning plans
The firm is ‘committed to building a model advice-led wealth management business in the UK’
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Generali in deal with DWS Group to offer unit-linked products
Agreement aims to expand insurance linked investment business across Europe
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PEOPLE MOVES: Pacific Asset Management, Vanguard, Tiller
Exclusive: PAM brings in industry heavyweights in international push
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Deutsche Wealth Management turns more cautious
Deutsche Wealth Management has increased the allocation to sovereign bonds in the firm’s model balanced portfolio, which forms the basis of portfolios it manages for clients in the Asia-Pacific.
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PEOPLE MOVES: Guardian Wealth, Mark Mobius, Axa
A former Nexus Singapore financial planner joins Guardian Wealth in Dubai, Mark Mobius nabs two former Franklin Templeton colleagues for his asset management boutique and Axa announces the retirement of a veteran fund manager.
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Deutsche Bank ousts British boss; hails ‘new era’
Deutsche Bank has replaced British boss John Cryan with Christian Sewing, who it said will usher in a “new era” for the battered bank.
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Hong Kong regulator targets big guns
In separate moves, Hong Kong’s Securities and Futures Commission (SFC) this month has gone after UBS, Deutsche Bank and brokerage firm CLSA for regulatory breaches.
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Deutsche Bank eyes €1.8bn asset management IPO
Deutsche Bank has set a price of €7.2bn (£6.4bn, $8.9bn) on its asset management arm, DWS, as it details the price per share for its partial listing on the subsidiary.