Deutsche Bank, Germany
Deutsche Bank hires head of wealth and private banking in Germany
Raffael Gasser has been named by Deutsche Bank to lead wealth management and private banking in Germany. The bank provides services in this sector to clients in its home market who are wealthy, and ultra-high net worth. With effect from 1 November 2024, Gasser will take up the role and join the Private Bank Executive Council.
Deutsche Bank to Close Some Branches in Germany
The German lender said Wednesday that a mid-double-digit number of smaller branches would be closed as part of a plan to optimize the bank's branch network in its home market. The group operates about 400 branches under the Deutsche Bank banner in Germany, a spokesperson said, out of a global network of some 1,400 branches.
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