(Bloomberg) -- Deutsche Bank AGs Asia-Pacific wealth-management business aims to increase revenue by 20% in 2015 by targeting the regions 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 Managements 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.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access