Deutsche Bank Said to Rebuild Asia Equity Capital Markets (2)

Deutsche Bank AG plans to rebuild its equity capital markets business in Asia, seeking to stage a comeback amid strong demand for share sales, according to people with knowledge of the matter.

The Frankfurt-based lender, which shuttered the majority of its equities business in Asia Pacific in 2019, plans to hire 10 to 12 bankers, said the people. The bank is looking to hire in roles across the spectrum to support its ECM business, including in origination, distribution and research, said one of the people.

Deutsche Bank is working with a recruiter and has started to reach out to prospective ...