Deutsche Bank WM’s Asia AUM up 2% year-to-date

25 July 2018 | 2 minutes read

Deutsche Bank Wealth Management’s Asia arm grew AUM (ex-loans) by 2% in the first half of the year to total US$60 billion, according to its second-quarter results. Global net revenues in the wealth management business declined by 10% (down US$62 million) due to “lower impact from the workout of the legacy positions in the Sal. Oppenheim franchise”, the bank noted, adding…

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