Arab Today, arab today deutsche bank on the prowl for wealthier clients
Last Updated : GMT 10:30:06
Arab Today, arab today
Arab Today, arab today

Deutsche Bank on the prowl for wealthier clients

Arab Today, arab today

Arab Today, arab today Deutsche Bank on the prowl for wealthier clients

Berlin - Dw

It appears the clients of Deutsche Bank, Germany\'s biggest private lender, are not rich enough. The weekly business magazine WirtschaftsWoche reported on its website that the bank was looking to expand business with private investors who have more money. \"Following recent gains in business with clients who possess substantial assets, we want now to concentrate on investors who have fortunes in the double-digit millions,\" Pierre de Weck, who heads the division of Deutsche Bank that deals with wealthy investors, told the magazine. De Weck went on to say that the bank would need more financial advisors and perhaps more locations to make the expansion possible. Deutsche Bank has seen an upsurge in business from investors in highly indebted southern European countries looking for a more secure harbor.   The announcement comes after Deutsche Bank CEO Josef Ackermann said earlier in the week that all areas of the bank would have to make cutbacks due to slipping performance. The bank is also involved in a lawsuit filed by US financial authorities accusing Deutsche Bank of having duped investors prior to the financial crisis in 2008. Deutsche Bank is currently under investigation in the United Kingdom, as well, for misrepresenting asset-backed securities linked to the Lehman Brothers collapse in the autumn of 2008. Since the onset of the financial crisis, Deutsche Bank has attempted to expand its business with private investors in a bid to fight off its dependency on the relatively risky investment banking industry.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deutsche bank on the prowl for wealthier clients Arab Today, arab today deutsche bank on the prowl for wealthier clients

 



Arab Today, arab today
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:03 2017 Thursday ,23 March

Spider Venom May Offer Hope to Stroke Victims

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday