Deutsche Bank is on the short list of banks that have seen their reputations increase as a result of how they fared in the economic crisis, according to the most recent Greenwich Associates survey “Global Corporate Finance: We’re All Local Banks Now”.

The survey asked 638 companies to name the banks they do business with or know well to assess how reaction to market turmoil over the past six months has affected their reputations. Companies were also asked how recent market events and the performance of the banks they use will affect the amount of business they expect to do with individual banks over the next six months on an overall basis, and in capital markets and cash management specifically.

The survey reveals that companies around the world are looking to a few select banks, including local, regional, national and foreign banks, to supplement credit and other services previously obtained from now-troubled financial institutions.

Banks that have managed their balance sheets conservatively have a unique opportunity to gain market share and assume a larger role in corporate credit markets. According to the survey, corporate clients include Deutsche Bank among a handful of foreign and regional banks that have improved their standing during the credit crisis. The survey reveals corporate clients expect to increase the amount of business they do with banks that have not experienced write-downs of the magnitude that brought many larger institutions to their knees.

Greenwich Associates is a leading international research-based consulting firm in institutional financial services. Greenwich Associates’ studies provide benefits to the buyers and sellers of financial services in the form of benchmark information on best practices and market intelligence on overall trends.


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