Deutsche to hire 20 for new brokerage unit

The expansion follows the awarding of a securities brokerage licence to Deutsche Securities in Taiwan.
Deutsche Securities Asia Limited DSAL expects to hire at least 20 qualified professionals for its new securities brokerage service in Taiwan.

The move follows the decision by the Securities and Futures Commission of Taiwan to award Deutsche a securities brokerage license.

Deutsche Banks decision to apply for these licenses and establish a fully owned branch underscores the importance of the Taiwan market to the bank, says T C Lee, Deutsche Banks chief country officer for Taiwan.

Ed Peter, Deutsche Bank's head of equities, Asia ex-Japan, said the establishment of DSAL as a securities broker is a major step towards building a comprehensive line of businesses in Taiwan.

DSAL is a...

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