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Deutsche Bank to Expand Wealth Management Operations, WiWo Says

Sept. 10 (Bloomberg) -- Deutsche Bank AG 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

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