Deutsche Bank wants to woo the super-rich – and is even forming its own team for this purpose. The target group is likely to have assets “in the three-digit million range” According to the official definition, you are considered super rich if you have assets of 50 million US dollars, or just under 47 million euros.
In Germany, this applies to around 9,100 people, as figures from the major bank UBS show. One in ten of the approximately 300 customer advisors and investment specialists in wealth management could move to the new unit.