Deutsche Bank Goes on Hiring Spree to Court Ultra-Wealthy
Photographer: Krisztian Bocsi/Bloomberg
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Deutsche Bank AG said it hired seven private bankers as it plots an expansion of its business catering to ultra-wealthy clients across Latin America and on both U.S. coasts.
The bank is seeking to grow along the U.S. West Coast and in New York and Florida. It has already hired Bank of America Corp.’s Chris Zias, Jeremy Levine and Lindsay McCracken and Citigroup Inc.’s Jay Yost for its operations in New York, according to an emailed statement. Bank of America’s Rahul Varshneya also joined Deutsche Bank in San Francisco.