Deutsche Asset & Wealth Management picked up two J.P. Morgan recruits for its private bank.

Richard Ward, a former executive director and global investment specialist for J.P. Morgan's private bank, will now serve as a director in the investment solutions business for Deutsche's private bank on the West Coast, according to the firm. Ward is joined in his new role by fellow J.P. Morgan colleague Matthew Sullivan. Sullivan began his career in J.P. Morgan's analyst program, according to Deutsche. He now serves as an assistant vice president at Deutsche.

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