HONG KONG, May 20 (Reuters) - Deutsche Bank (DBKGn.DE) on Wednesday said it appointed Robert Rankin as Chief Executive Officer, Asia Pacific (ex Japan) effective June 10, replacing Colin Grassie, who is returning to Europe.
Prior to joining Deutsche Bank, Rankin was Head of Investment Banking, Asia Pacific, at UBS (UBSN.VX)
(Reporting by Michael Flaherty; Editing by Jonathan Hopfner)
WASHINGTON (Reuters) - U.S. house prices rose in the third quarter, ending a two-year downward trend, and the housing market was now slightly undervalued, an independent survey showed on Friday.
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