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Deutsche Bank to Expand Wealth Management Operations, WiWo Says

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.

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