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Deutsche Bank targets growing Nordic private wealth market, increases focus on Stockholm hub

The bank has hired a new private banking head for the Nordics from Credit Suisse. He starts on December 1 and will focus on growing the wealth management business.

Photo: SIMON DAWSON/REUTERS / X06555

Deutsche Bank (DB) is putting more focus on growing its wealth management operations in the Nordics and has therefore hired Dan Ingvarsson as the new head of private banking in the region. He joins the firm from Credit Suisse in Zurich and will start at DB on December 1, Swedish financial daily Realtid writes.

The purpose of the hire is to make Stockholm the basis for the bank's Nordic private banking business, Deutsche Bank's Head of Nordics Jan Olsson, tells Realtid.

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