(Bloomberg) -- Deutsche Bank AG’s Asia-Pacific wealth-management business aims to increase revenue by 20% in 2015 by targeting the region’s richest people.

The bank will seek new clients and try to lure money from existing customers as it focuses on individuals with at least $100 million of potential investable assets, said Mark Smallwood, Deutsche Asset & Wealth Management’s head of franchise development and strategic initiatives in the region. It will focus on Singaporeans, Hong Kongers, Indonesians, Chinese and non-resident Indians, he said.

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