Deutsche Bank has appointed Robert Kalff as a managing director. Mr Kalff will lead a new business in London focused on introducing the bank's capabilities to clients who need integrated corporate finance and wealth management advice.

Mr Kalff joins Deutsche Bank after nine years at Credit Suisse. Based in London, Mr Kalff will report to Johannes Baratta, global head of key clients for private wealth management; David Fass, head of global banking for Europe; and Stephan Leithner, head of global country coverage and head of global banking for Germany.

Mr Baratta, Mr Fass and Mr Leithner said in a joint statement: Deutsche Bank excels at providing clients with integrated advice whether across institutional or personal needs. Our investment in this business builds upon already successful efforts in Germany and the US, and we are pleased that Robert has joined our team to build a similar model from London.