Deutsche expands private wealth management unit

Deutsche Bank has appointed three senior relationship executives to the London operation of its private wealth management unit. Tim Pethyridge, formerly head of the city and industry executives group at Coutts Bank, and Grant Woods, previously a senior director at Barclays Private Client Investment Management join as directors. David Cocking, who was in Merrill Lynch's Europe and Middle East sales group, joins as a vice-president. All three will report to Caroline Butler, head of UK private wealth management.