Deutsche Bank will create a 'unique service', according to private banking boss Claudio de SanctisPhoto: Ore Huiying/Bloomberg/Getty Images

Deutsche Bank is planning to roll out “banking butlers” for its mass affluent clients as the German lender looks to AI to scale its wealth arm and cut costs.

Claudio de Sanctis, Deutsche Bank’s private banking boss, said at the bank’s investor day that it sees a “significant opportunity to leverage agentic AI to open new revenue opportunities”.