Deutsche looks again at Middle East after years of cutting costs

Pedro Gonçalves
clock • 2 min read

Deutsche Bank is looking to once again grow in the Middle East after years of axing costs and has recruited a new team to help win debt and advisory deals across the region. "We have pivoted from a pure cost-control focus in 2018 to a controlled, disciplined growth phase in 2019," Jamal Al Kishi, chief executive officer of the Middle East and Africa for the Frankfurt-based lender, said in an interview. "This year will be a better one in terms of both revenue and profitability, and you'll s...

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