Deutsche Bank Aims to Double Southeast Asia AUM

The wealth management unit of Deutsche Bank has unveiled targets in the region, including the doubling of assets under management in Southeast Asia.

Deutsche Bank plans to its double assets under management (AUM) for clients in Southeast Asia as well as the Middle East, over the next five years, according to a «Bloomberg» interview with head of private bank Claudio de Sanctis.

«This is where we invested heavily. These two regions are also incredibly interlinked at the moment,» de Sanctis said.

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