Deutsche Bank plans 500-strong risk management institute

Deutsche Bank has set up a risk management institute in Berlin, under the leadership of Martin Bohnenkamp, the bank's head of legal risk and capital services.

The bank said it planned to hire 300 staff for the institute by the end of the year – 50 have already been recruited – and added the institute could grow to 500–700 strong "in the medium to long term". It will focus on two main areas, according to the bank: as well as producing analysis supporting Deutsche Bank's risk management

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