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Deutsche Bank sets trading unit target above 10%

Deutsche Bank - Foyer Bridge

Garth Ritchie, who leads Deutsche Bank’s trading business, told staff the firm is targeting a profitability target of more than 10% for the unit as Europe’s largest investment bank reorganizes in a bid to boost returns.

People News: HSBC, Deutsche Bank.

Deutsche Bank - Foyer Bridge

Diana Cesar was named HSBC’s chief executive for Hong Kong after 15 years with the bank, including her most recent role, as head of retail banking and wealth management in the city.

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Deutsche Bank - Foyer Bridge

Deutsche Bank sets trading unit target above 10%

Garth Ritchie, who leads Deutsche Bank’s trading business, told staff the firm is targeting a profitability target of more than 10% for the unit as Europe’s largest investment bank reorganizes in a bid to boost returns.

Deutsche Bank - Foyer Bridge

People News: HSBC, Deutsche Bank.

Diana Cesar was named HSBC’s chief executive for Hong Kong after 15 years with the bank, including her most recent role, as head of retail banking and wealth management in the city.