Deutsche Bank Seeks to Win Over Credit Suisse Clients, CFO Says
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Deutsche Bank AG expects to pick up clients and staff from Credit Suisse Group AG after the Swiss lender had to be rescued by UBS Group AG.
Some customers who have been doing business with both firms may be seeking to diversify following the merger of the two Swiss banks, creating opportunities in areas including wealth management, corporate banking and investment banking, according to Deutsche Bank Chief Financial Officer James von Moltke.