Amid turmoil, DB bolsters Asia liquidity management team
DB boosts its Asia transaction banking business in Asia against a backdrop of major job cuts for the German lender. However, it has some way to go to build market share and reputation.
Deutsche Bank made headlines last month, when it slashed over 18,000 jobs, with CEO Christian Sewing saying the corporate bank would become the lynchpin around which the repositioned operation would be built.
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