The Banker has named Deutsche Bank the Most Innovative Investment Bank from Western Europe for the second consecutive year at the magazine’s annual Investment Banking Awards.
Explaining its choice, The Banker said: “Deutsche Bank has continued to try and develop new approaches and products, the result being that it has come up with several innovative and popular structures and investment ideas, while its market share in corporate finance has risen. That all of this has been done while it has been reducing its risk-weighted assets is impressive.”
Deutsche Bank also received three product specific accolades:
- Most Innovative Investment Bank for Commodities (for the third consecutive year)
Comments from The Banker: “Deutsche Bank’s commitment to constantly innovate and find investment solutions for its clients has enabled it to come up with plenty of popular ideas in the past year or so. And not all of them have been for institutional investors. In August 2012 it launched a gold-linked investment product for retail investors, with denominations of EUR 1,000, through Deutsche Postbank, one of its German retail arms.
Among Deutsche’s other achievements, it developed the first short-term deposit collateralized by physical aluminum and, in the first quarter of this year, became the first house to offer electronic trading on long-dated metals contracts, allowing clients to trade up to six months for the first time.”
- Most Innovative Investment Bank for Foreign Exchange
Comments from The Banker: “Deutsche Bank sought to step ahead of its rivals with the launch of the Autobahn FX 2.0 trading platform. It offers a number of groundbreaking features, including the first combined electronic and voice trade blotter, and the first app-based commentary and analysis tool that significantly reduces the time taken for clients to receive actionable market research and information.”
- Most Innovative Investment Bank for Structured Finance
Comments from The Banker: “Deutsche Bank’s focus is on more entrepreneurial areas such as rent-to-own property financing and the commercial real estate (CRE) development market that needs careful analysis and innovative approaches to revive and reshape the much-depleted commercial mortgage-backed securities (CMBS) market. In the past year, Deutsche has arranged the first European multi-property securitization since the crisis and the first European unrated CMBS.”
The Banker Investment Banking awards are decided by an independent panel of judges from the financial industry. They are the only major industry accolades to focus on innovation.
Awards for Deutsche Bank – Rewards for our Passion to Perform
Corporate Banking & Securities