Deutsche Bank wants to hire 140 persons in India for its retail banking and wealth management play, Bloomberg reports, citing a company spokesperson. Its plan: Up loan sizes to corporate borrowers, unveil a discretionary portfolio management service and boost digital banking channels. The German lender is in the middle of a €7.4 billion global restructure that entails 18,000 job cuts but has identified India as a growth market that needs investment. At least 20 India-based staffers lost their jobs earlier this year when Deutsche Bank pulled back from equity sales and trading globally.
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