For Deutsche Bank chief executive Christian Sewing, shrinking the group's i...
) are trying to build on their strong Asian franchises by beefing up their European operations.
In Refinitiv’s investment banking scorecard, which tracks how firms do on advising on M&A, equity and debt capital markets, loans and leveraged finance, Deutsche currently ranks 8th so far this year globally - steady compared with 2018. In Europe, it has slipped to 8th from 7th a year ago, with BNP Paribas edging above it.In asset management, Deutsche Bank’s DWS arm is seen as another of its strong points, and one the bank leaned on to extract value last year when it listed 22.
In private banking, Deutsche has said it plans to hire 300 new relationship and investment managers by 2021 as part of a plan to bulk up in the sector.
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