Clearcutting at Postbank – Economy

Deutsche Bank’s new private customer executive, Claudio de Sanctis, has to solve Postbank’s problems. But now he is closing branches and planning to cut jobs. Doubts are growing within the company as to whether he is the right person for the job.

Getting hold of him is difficult; He has not yet given a press conference. Claudio de Sanctis will also only be ready to talk to the SZ after months. None of this may be quoted. On the upper floors of Deutsche Bank you meet a cosmopolitan-looking banker who speaks passionately about asset management, “flagship” branches for wealthy customers and the future of investments. A colorful plastic bracelet on his wrist; he is not wearing a tie at this appointment.

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