Deutsche Bank Adds Greater China Wealth Vet from HSBC

A road cleaning machine drives past the exterior of a Deutsche Bank AG bank branch in Berlin, Germany, on Wednesday, Sept. 28, 2016. Deutsche Bank AG rose in Frankfurt trading after the German lender agreed to sell its U.K. insurance business for 935 million euros ($1.2 billion) and Chief Executive Officer John Cryan ruled out a capital increase. Photographer: Krisztian Bocsi/Bloomberg via Getty Images

Deutsche Bank has hired a former HSBC executive as a managing director in its wealth management unit.

Tse Yi-Mun joins Deutsche Bank Wealth Management as a managing director and group head for North Asia, according to a statement.

Based in Singapore, she reports to North Asia head of wealth management Kanas Chan.

Tse has 23 years of private banking experience, most recently with HSBC Private Banking where she was its market head for Hong Kong. Previously, she also worked for DBS and ABN AMRO covering the Greater China market.