Deutsche Bank's sub-custody strategy

Global director of the business, Roger Harrold, discusses the State Street sale and reveals Deutsche''s plans for growing profits, China and fund administration in Korea.

Can you explain the internal restructuring that has just occurred at Deutsche Bank following the sale of the global securities services business

Harrold Domestic custody used to fall under our Global Securities Services banner. It's now being re-aligned with our Corporate Trust and Agency business under the new heading of Trust and Securities Services. The new division is to be headed by Dinkar Jetley and I will report to him on the domestic custody front.

Has the loss of the global custody business had a negative impact on your operations

These two pieces of business were always very separate in terms of business profile, client base and focus. Deutsche...

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