The head of Deutsche Bank AG‘s US wealth unit plans to keep hiring senior private bankers in a bid to become one of Wall Street’s main European rivals for serving the nation’s ultra-rich. Arjun Nagarkatti and his team are looking to add as many as a dozen private bankers in the US this year with a greater focus on deepening their presence in San Francisco and Los Angeles. They already brought on wealth advisers from rivals such as Citigroup Inc. and Bank of America Corp. since the start of last year. ...
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That promotion followed a setback for the bank’s wealth management push in Asia, after Young Jin Yee, a rising star and Deutsche Bank’s Asia-Pacific wealth head at the time, left...
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The largest U.S. brokerage has bolstered its adviser base ; with new hires from rival firms UBS Wealth Management Americas ; and Wells Fargo Advisors, the company said on Wednesday.
The statistic shows the development of assets under private wealth management at Deutsche Bank from 2006 to 2011.
27 comprehensive market analysis studies and industry reports on the Asset Management sector, offering an industry overview with historical data since 2019 and forecasts up to 2029. This includes a...
Fabrizio Campelli, head of Deutsche’s wealth management division, wants to ‘conquer new... multi-asset portfolio from the first 5 per cent or so of losses for up to a year. “The...
It is currently owned by Deutsche Asset and Wealth Management (A&W). Permira, which is awaiting regulatory approval for its acquisition of Bestinvest from 3i in November 2013, is hoping to...
Saad Osseiran is among a group of 10 wealth managers who will join Deutsche Bank’s private banking division after leaving the Swiss bank over the summer. The Credit Suisse veteran of 12 years will spearhead its efforts to expand its wealth division across the region. Osseiran will be joined by Nasri Nohra who will head the firm’s Middle East private banking desk in Switzerland and develop private banking in the Levant, as well as Rabih Demashkieh who will lead its private bank in Saudi Arabia. They will be joined by a managing director, fiv ...