Deutsche Bank Private Wealth Management has named the six private wealth bankers from JP Morgan that it has recently hired into its Hong Kong offices. Margaret Kwong, former head of JP Morgan Bank's Hong Kong Coverage team, will be a managing director, reporting to Kenneth Toong, Deutsche’s North Asia head. She is accompanied in her move by Wendy Kong, as managing director and relationship manager, Alice Chow, managing director and investment advisor, Wilfred Ng, director and investment advisor, Wayne Wai, director and relationship manager and Frederick Fong, vice president and relationship manager. Deutsche’s private wealth management group recorded 19 per cent growth in invested assets in Asia Pacific last year.