Bloomberg – Deutsche Bank AG’s prime brokerage will hire more staff in Asia as it aims to lure business from hedge-fund startups in the region leading the global economic recovery, said Sean Capstick, head of capital introduction.
Frankfurt-based Deutsche Bank has boosted its pan-Asian prime finance staff by about 20 percent over the last 18 months, said Capstick, declining to give details. The increasing number of startup funds in Asia will be key for growth at the division, which provides services to hedge funds, he said.
