Deutsche Bank’s freshly-appointed global wealth management head, Claudio de Sanctis, has implemented a change in management structure, resulting in two senior departures and the promotion of the wealth arm’s UK head, Michael Morley.
thewealthnet can reveal that Mr de Sanctis, who took up his role in November, will expand Mr Morley’s responsibilities to include the Nordic region. Mr Morley is the former chief executive of Coutts and joined Deutsche as head of its UK wealth management business in June 2017.