Deutsche Bank to Expand Wealth Management Operations, WiWo Says

Deutsche Bank AG (DBK) may hire staff in its home market to expand business with wealthy investors, Wirtschaftswoche reported, citing Pierre de Weck, head of the lender’s wealth management operations.

Frankfurt-based Deutsche Bank may increase the number of its advisers and add locations to focus on investors with funds in the single-digit million-euro range, the magazine quoted de Weck as saying in an article to be published in next week’s edition.

To contact the reporter on this story: Andreas Cremer in Berlin at acremer@bloomberg.net.

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.