Strategies for Enhancing Global Revenue: Focus on Asia-Pacific Wealth Management Business

Thursday, 18 July 2024, 00:30

Deutsche Bank is actively working on expanding its Asia-Pacific wealth management business to boost its global revenue by tapping into the growing market opportunities. The bank's CEO has emphasized the importance of the region contributing at least 15% of its overall revenue within the next two to three years. By hiring senior bankers and enhancing services in investment advisory, wealth management, and private banking, Deutsche Bank is strategically positioning itself for substantial growth in the lucrative Asia-Pacific market.
South China Morning Post
Strategies for Enhancing Global Revenue: Focus on Asia-Pacific Wealth Management Business

Deutsche Bank Aims for Core Growth

The German lender is focusing on expanding its Asia-Pacific wealth management business to drive global revenue.

Strategic Hiring of Senior Bankers

Deutsche Bank plans to hire experienced professionals to strengthen investment advisory, wealth management, and private banking services.

  • Target: Achieve at least 15% of global revenue contribution from the region in the next two to three years.
  • Emphasis: Asia-Pacific region holds significant growth opportunities.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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