Deutsche Bank plans to expand aggressively its equity capital markets and merger advisory footprint in Asia to help power regional revenues above €4bn ($5.5bn) by 2011, according to the bank's top executive in the region.
The move forms part of growth targets designed to broaden the European bank's regional platform, which is strongest in areas such as foreign exchange and derivatives trading.
In his first interview since taking over last June as chief executive of the bank's regional operations, Robert Rankin told the Financial Times that he possessed a strong mandate to expand its key business units.
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