There seems to be some confusion regarding the nature of the hire. Some sources with inside information say that all the bankers are product specialists, while others say the 18 are evenly split between product specialists and relationship managersinvestment advisers who have direct client responsibility and interface.
Deutsche currently has about Ç21.5 billion $29 billion of private banking assets under management in Asia. Citi private bank manages more than $60 billion of assets in the region.
In February 2007, Deutsche announced it...
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