Frank Scheuer, formerly managing director and coo of private client services at Credit Suisse Private Banking, joined Deutsche Bank Private Wealth Management last week. He who was with Credit Suisse for 23 years and will report to private wealth management head Tom Bowers in the newly-created spot.
According to an internal memo, Scheuer will oversee the operations and technology platform for US private banking and private client services to accommodate Deutsche Bank's 2006 growth push. At Credit Suisse, Paul Julius was brought on as coo last August in an expanded role that includes compliance, operations and finance, and Scheuer will not be directly replaced.