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Private bankers hasing Uber-rich in a surprise wealth hotspot

Private bankers hasing Uber-rich in a surprise wealth hotspot

  • TV-G
  • 2019
  • 2mins
Its economy is contracting and the nation’s largest lenders are a mess. And yet banks from BNP Paribas SA to JPMorgan Chase and Co. are scrambling to win business from Germany’s ultra-wealthy. The efforts are taking place amid a global battle to manage the ballooning money and affairs of the top 1% and 0.1%. Bloomberg's Dani Burger and Lisa Abramowicz discuss the uber-rich chase by private bankers in that country.