Deutsche Bank Plans to Hire 250 Wealth Managers in Growth Push

Deutsche Bank AG is planning to hire as many as 250 bankers to expand its wealth management operations in Germany, Italy, UK, the Middle East and Asia.

Most of the new hires are set to start next year, Claudio de Sanctis, the head of the private bank, said at the lender’s investor day on Monday. In total, Deutsche Bank plans to invest around €300 million into talent and technology in the wealth management business over the next three years.