Deutsche Bank looks to Asia-Pacific wealth management business to drive core growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2024
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Source: Yahoo Finance
- Deutsche Bank's Focus on Asia-Pacific Growth: Deutsche Bank aims for Asia-Pacific to contribute at least 15% of its global revenue, focusing on hiring senior bankers and expanding core businesses in the region.
- Investment and Expansion Strategy: The bank has heavily invested in Asia-Pacific, particularly in origination and advisory services, private wealth management, and hiring senior executives, aiming to capture market share and offer an alternative to US banks.
Analyst Views on DZZ
Wall Street analysts forecast DZZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DZZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 3.350
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Current: 3.350
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
