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Deutsche Bank WM’s Asia AUM down 4% in 3Q18

Deutsche Bank Wealth Management’s Asia arm witnessed a 4% dip in AUM during 3Q18 to total €49 billion, according to its quarterly results. Global net revenues in the wealth management business amounted to €417 million in 3Q18, registering an 11% QoQ drop from €470 million in Q2, and a 3% YoY dip from €429 million in 3Q17. The bank attributed…

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