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Deutsche Bank wealth management unit to hire, invest more than $100 mil in digital tech

Jude Chan Published on Tue, Jun 13, 2017 / 11:35 AM GMT+8

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SINGAPORE (June 13): Deutsche Bank announced Tuesday that it will invest an additional 65 million euros ($100 million) in new client-focused digital technology for its wealth management business over the next 18 months.

This will go towards building a digital core offering that includes features such as customised Chief Investment Office news and portfolio health checks.

At the same time, the bank says it will also make further investments in upgrading systems and processes that directly impact clients.

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