Deutsche breaks into Asia's mid-market

The bank joins others, such as Citi and UBS, that have been placing greater emphasis on this client segment, which is showing an increased interest in sophisticated products.

The GMC team of more than 20 covers equities, structured products and foreign exchange, sources tell FX Week. It is headed by Nitin Nath, formerly managing director at the German dealer's global markets business in Mumbai. He relocates to Singapore as chief executive of the GMC.

The new division is a subsidiary of the global