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Deutsche Bank Taps Credit Suisse Executive as Asia Wealth Head

(Bloomberg) Deutsche Bank AG named veteran Credit Suisse Group AG executive Jin Yee Young as head of its international private bank in Asia-Pacific, one of the most senior hires yet from the embattled Swiss firm. Young, the number two wealth executive for Credit Suisse in the region, will start at Deutsche Bank on Jan. 3 and continue to be based in Singapore, the German lender said Wednesday in an emailed statement, confirming a Bloomberg News report. She will replace Lok Yim, who is stepping down from the role after six years and will remain at the firm as chief executive of the Hong Kong unit. Deutsche Bank, based in Frankfurt, is building up its wealth-management services globally as part of its ambitions to become the euro area’s largest private bank. Still, Chief Financial Officer James von Moltke last month highlighted Asia wealth management as one of the few business lines where revenue momentum was weak in the third quarter. “In Jin Yee Young we have found an outstanding

Yes To Value No To Growth: Unlikely Stocks Have Hit A Bottom

We believe that there's a limited upside potential until Midterms, and we're unlikely to miss out on too much, even if stocks have already bottomed.

Deutsche Bank Plans Wealth Management, Trading Hires in Israel

(Bloomberg) Deutsche Bank AG is planning to expand in Israel as a surge in technology investment helps drive the economy’s rebound from the pandemic.

Deutsche Bank's CEO Says Sorry After Critical Analyst Report

Deutsche Bank's CEO Says Sorry After Critical Analyst Report