MUNICH, Germany -- Deutsche Bank is ready to aggressively expand investments in Asia after successfully restructuring itself and stabilizing its earnings, according to plans outlined to Nikkei by CEO Christian Sewing.
"Our APAC [Asia-Pacific] contribution to revenues over the past several years has been on average around 12 to 13%, and an even higher percentage of our profits," Sewing said in a recent interview. "We expect to see the contribution from the region increasing steadily to well north of 15% over time."
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