Deutsche Bank is aiming for Asia-Pacific to contribute at least 15 per cent of its global revenue in a few years as it continues to hire senior bankers for its origination and advisory, wealth management and private bank in the region, according to its chief executive officer.
The German lender expects the region, which accounted for 11 per cent of total net revenue before provision for credit losses last year, to drive the growth of its core businesses, Christian Sewing said in a video interview on Tuesday.
“Since I’ve been CEO, I have made it clear that one key growth region is…
