Deutsche Bank Tightens Conditions for Loans to Wealthy Clients
- German lender cites sectors including commercial real estate
- Wealth management has seen ‘strong rebound’ in loan growth
Photographer: Krisztian Bocsi/Bloomberg
This article is for subscribers only.
Sign up here for our new personal finance newsletter and follow us @Wealth on Twitter.
Deutsche Bank AG has tightened lending conditions for wealthy clients since the onset of the coronavirus pandemic, even as demand for loans to the world’s rich rebounds, according to the head of its International Private Bank.