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Monday, November 10, 2014

MOVES-Deutsche Asset & Wealth Management boosts private banking unit, (NYSE: DB)

Deutsche Asset & Wealth Management, part of Deutsche Bank AG, said it appointed Heather Kirby, Charles Walker and Stewart Oldfield to its Private Bank. The three would be based in New York and report to Andrew Gallivan, managing director and head of the New York Private Bank, the company said.Kirby, who joined as a managing director and private banker, previously served the same roles at Citi Private Bank, where she focused on the ultra-high-net-worth market.Walker was appointed as a director and private banker, the company said. He also joined from Citi Private Bank, where he was a senior vice president and private banker.Oldfield, who also joined as a director and private banker, was previously with Credit Suisse in their investment solutions group, the company said.

Deutsche Bank AG is a global investment bank. The Company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Shares of DB fell by 0.96% or $-0.29/share to $29.95. In the past year, the shares have traded as low as $29.24 and as high as $51.99. On average, 1806580 shares of DB exchange hands on a given day and today's volume is recorded at 827010.