Paul Beasley posted on August 05, 2010 18:06
An operational review by Deutsche Bank Private Wealth Management has resulted in the closure of around 4,000 client accounts over the past year. Deutsche has undertaken a major review of its client books and it is understood around 4,000 ‘low value’ accounts have been shut down, while the group has created a series of initiatives that is in part targeted at the mass-affluent sector, with an entry level around £250,000.
[Read the rest of this article...]