Deutsche Bank's UK Wealth Business Expands with Hiring Spree

Deutsche Bank is hiring more staff for its UK wealth business, aiming to expand its ultra-high net worth client base. Head of private bank in the UK and Nordics, James Whittaker, plans to increase headcount as the bank wins more ultra-rich clients in the region. Unlike a "bums-on-seats-type buildout," Whittaker emphasizes that the bank is focused on quality over quantity, prioritizing exceptional client service and tailored advice.