The bank’s wealth management, asset management and corporate finance functions operate primarily out of Hong Kong, whilst its fixed-income and commercial banks operations are primarily run out of Singapore. Photo: EPA-EFE The bank’s wealth management, asset management and corporate finance functions operate primarily out of Hong Kong, whilst its fixed-income and commercial banks operations are primarily run out of Singapore. Photo: EPA-EFE
The bank’s wealth management, asset management and corporate finance functions operate primarily out of Hong Kong, whilst its fixed-income and commercial banks operations are primarily run out of Singapore. Photo: EPA-EFE
Business /  Banking & Finance

Deutsche Bank’s incoming Asia-Pacific CEO picks Singapore over Hong Kong for his home base

  • Alexander von zur Muehlen assumes the role on August 1; Werner Steinmueller, his predecessor, was based in Hong Kong
  • Lender routinely splits executive teams in the region between the financial hubs

Topic |   Banking & Finance
Chad Bray
Chad Bray

Updated: 3:23pm, 16 Jul, 2020

Why you can trust SCMP
The bank’s wealth management, asset management and corporate finance functions operate primarily out of Hong Kong, whilst its fixed-income and commercial banks operations are primarily run out of Singapore. Photo: EPA-EFE The bank’s wealth management, asset management and corporate finance functions operate primarily out of Hong Kong, whilst its fixed-income and commercial banks operations are primarily run out of Singapore. Photo: EPA-EFE
The bank’s wealth management, asset management and corporate finance functions operate primarily out of Hong Kong, whilst its fixed-income and commercial banks operations are primarily run out of Singapore. Photo: EPA-EFE
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