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Deutsche Bank WM sees slight decline in APAC client assets

Following a healthy increase in the first quarter, Deutsche Bank Wealth Management’s client assets in the Asia Pacific edged €1 billion lower in the second quarter through June to €47 billion, the bank’s financial statements show. Globally, Deutsche Bank Wealth Management’s client assets fell €5 billion QoQ to €299 billion, meaning APAC now accounts for 16% of AUM. Deutsche Bank’s…

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