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Deutsche launches global private markets team

German bank looks to tap into demand for sophisticated financial products from its wealthiest clients with appointment of a head of a new business

The private banking business of Germany's largest bank has joined its rivals in aiming to boost its offering of sophisticated financial products for its wealthiest clients.

Deutsche Bank Private Wealth Management has launched a new Global Private Markets team and has recruited Karim Ghannam as head of the new business.

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