Deutsche's grand plan to grow by 20%

A new division under a new co-head structure. We speak to Deutsche''s Jonathan Paul and Lee Zhang about their new role.

In a major reorganization, Deutsche Bank has just announced that Jonathan Paul and Lee Zhang have been appointed co-heads of the firm's newly created global banking division for Asia-Pacific. The duo replace Frank Nash, who will retire to the US and Brian Stevenson, who leaves Deutsche at the end of October.

However, this is more than just a changing of the guard. Paul and Zhang's appointment marks a wholesale strategic shift. Paul was formerly chairman of...

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