«The International Private Bank, which brings together private wealth management and corporate businesses, is strategic in Deutsche Bank and Italy is by far the most important single market, the most strategic of them all, the biggest in the bank I am responsible for», said Claudio de Sanctis in an exclusive interview with IlSole24Ore.

Claudio de Sanctis is a €262 billion CEO responsible for 3.4 million private, wealth and commercial clients at Deutsche bank. Last June he was appointed CEO EMEA and Head of the International Private Bank (IPB), a new unit created by combining Wealth Management with €206 billion in assets under management and Private & Commercial Business International units with €56 billion, making a total of €262 billion in assets under management. IPB is one of the four pillars of the far reaching transformation and restructuring plan launched by the CEO Christian Sewing back in July 2019.