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Deutsche Bank seeks to bolster Asia equity derivatives unit

Deutsche Bank AG is looking to bolster its Asia-Pacific equity derivatives unit to take advantage of an expected rise in demand from local investors, Bloomberg News reported Dec. 21.

David Bruchet will join the bank in Hong Kong as an index equity derivatives trader at the end of January 2017, said James Boyle, Deutsche Bank's head of equities and co-head of global equity derivatives.

Bruchet was formerly with Société Générale SA and is at least the sixth hire in the region under Boyle.