A former Credit Suisse senior figure takes up a Singapore-based role at the Frankfurt-listed bank.

Deutsche Bank Wealth Management, part of Deutsche Bank, has named former Credit Suisse senior figure Alania Hsu Concepcion as investment management team head for South-East Asia. She is based in Singapore.

Hsu Concepcion will report to Coo-Way Law, managing director, head of Southeast Asia investment management. Working with clients and relationship managers, she will focus on investment advisory for the Southeast Asia market headed by Shang-Wei Chow.

She has recently returned to Singapore, after spending four and a half years in Europe running her own company and pursuing her interests in environmental, social and governance investment and the fintech industry. She was previously head of investment consulting for the Singapore and Malaysia markets for Credit Suisse. Prior to that, she was co-head of private banking sales for Barclays Bank, managing a team responsible for the structuring, sales and trading of capital markets products for private banks and family offices in Singapore and Hong Kong. 

In her early career, Hsu Concepcion was a specialist in fixed income and derivatives covering institutional and corporate clients for Credit Suisse and Merrill Lynch. 

In late July, Deutsche Bank reported that private bank net revenues in the second quarter of 2021 stood at €2.0 billion ($2.36 billion), rising by 3 per cent year-on-year versus the prior year quarter; they would have risen by 8 per cent if not adjusted for the financial impact of a federal German court ruling. Continued business growth in improved market conditions more than offset pressure on deposit margins from low interest rates. New business volumes of €14 billion in the quarter included €4 billion in net new client loans and €7 billion in net inflows of investment products, the sixth consecutive quarter of net inflows into investment products,