Deutsche Bank Wealth Management’s global head Claudio de Sanctis has laid out his plan for market domination over the next three years, saying the bank has an “unwavering” commitment to the business line.

In a memo to staff yesterday (10 December) Mr de Sanctis said he was aiming to make the firm the “primary partner for every entrepreneurial family with European connectivity” and that it was “uniquely positioned” to achieve this.

“Entrepreneurial clients are the fastest growing segment of the global wealth pool, growing at about 9 percent a year and even higher in emerging markets,” he said in the mis...