May 14, 2018 / 2:15 PM / 6 months ago

Deutsche Bank has no plans to pull out of Asian countries - CEO

FRANKFURT, May 14 (Reuters) - Deutsche Bank has no plans to pull out of Asian countries, Chief Executive Christian Sewing has told a company town hall meeting in Asia, according to a Hong Kong-based spokeswoman for Deutsche Bank.

* “We can only be relevant to our clients if we continue to be strong in Asia,” Sewing said.

* He said that 88 of Deutsche Bank’s top 100 clients globally are doing business with the lender on matters related to Asia

* “There is no question that our Asia business is key to our broader global success,” he said.

* Bloomberg first reported Sewing’s comments. Further company coverage: (Reporting by Andreas Framke Writing by Arno Schuetze Editing by Maria Sheahan)

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