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Deutsche poaches bankers from competitors

Deutsche poaches bankers from competitors

Deutsche Bank Wealth Management (WM) said it has hired six Singapore-based relationship managers dedicated to covering clients in Southeast Asia.

The first team of four, led by group head Jonathan Ng, joined Deutsche Bank WM from BNP Paribas Wealth Management Singapore.

The second team of two, led by Gregory Goh, joined Deutsche Bank WM from Nomura Singapore.

Ng reports to Kin-Mun Kwong, head of WM coverage in Southeast Asia, while Goh reports to Malcolm Tay, group head for Southeast Asia WM.

The new hire comes after the wealth manager made two senior hires in October, to strengthen its product platform.

Based in Singapore, Wee Teck Tay was appointed as director head of Asia Pacific private markets, and John Lilley as Asia Pacific director funds solutions specialist.

So far, Deutsche Bank WM has already made more than 50 new hires in Hong Kong, Singapore, and Dubai across client coverage, IT, Know-Your-Client, project management, operations and product platforms.

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