Commerzbank has appointed Peter Denis as new head of wealth management for the Munich-Nord branch since the beginning of the year.
Denis previously worked at Commerzbank internationally in Luxembourg and also nationally as head of the wealth management team in Karlsruhe and Mannheim.
Most recently, he was responsible for the Karlsruhe branch. His new team at Munich-Nord has 44 employees and the branch manager is Thomas Vetter.
Munich is one of the most important wealth management locations of Commerzbank in Germany, according to Denis. By linking entrepreneurial and private assets, it is especially important for them to receive tailor-made offers for complex investments or financing as well as for the preservation of assets over the generations.
Commerzbank in Munich manages more than €9bn in client assets in wealth management business, both on the investment side and on the loan side.