Deutsche Bank AG plans to add wholesalers as it expands the family of mutual funds it sells in North America.

This quarter, Deutsche Bank is to add 16 wholesalers, for a total of 28, to sell the Flag Investors Funds. The wholesalers are to work with third-party brokers, a distribution channel in which the bank wants to do more, said Ross Youngman, managing director for the mutual fund business of Deutsche Asset Management in the Americas.

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