Deutsche Bank Plans Israel Wealth Management, Trading Hires
- Country head Doron Averbuch speaks in Bloomberg interview
- Averbuch says bank also planning to increase trading activity
This article is for subscribers only.
Deutsche Bank AG is planning to expand in Israel as a surge in technology investment helps drive the economy’s rebound from the pandemic.
Germany’s largest lender expects to hire four bankers this year across its key businesses of wealth management, investment banking, corporate operations and institutional trading, country head Doron Averbuch said in an interview. That would take its staff to 20 people, double the number compared to when he started his role in February last year.