Deutsche Bank announced today that the multiple awards and poll results received related to transaction banking for corporates appropriately reflects its position as a leading global treasury provider for corporations and non-bank financial institutions.
Throughout 2007, esteemed industry publications such as Asiamoney, The Asset, The Banker, Euromoney, FX&MM, and Global Finance have honored Deutsche Bank with accolades related to the Bank’s product innovations and client service. An overview of the awards and poll results is listed below.
Werner Steinmueller, Deutsche Bank’s Head of Global Transaction Banking, said, “Winning these awards and ranking so highly in client polls indicates that the Bank’s strategy of developing global solutions based on our worldwide delivery network is working for customers and leading the industry. Our steady growth allows us to continue to make the necessary investments in our technology, processes and products so that we can sustain our leadership position within this highly competitive marketplace.”
Marilyn Spearing, Head of Trade Finance and Cash Management for Corporates, Global Transaction Banking, Deutsche Bank, said, “Very few banks can match Deutsche Bank’s scale, network reach and technological capabilities. Our being recognized by both prestigious publications and clients themselves demonstrates the Bank’s undisputed success in transaction banking, particularly with multi-national corporations seeking maximum benefits from regional centralization of their cash management and payments functions. Additionally, these accolades support the Bank’s strategic approach to combine its cash management and trade capabilities to offer integrated and efficient solutions for our clients worldwide.”
Thomas DuCharme, Regional Head of Global Transaction Banking, Asia Pacific, Deutsche Bank, said, “Our success in Asia demonstrates how our in-country expertise and highly customized solutions to our clients across 16 markets within the region has satisfied the needs of our customer base. Asia remains an area of expansion and our client-focused approach has positioned the Bank for future growth on the regional and local level.”
Deutsche Bank Global Transaction Banking – Select 2007 Industry Awards & Poll Results
Euromoney Awards for Excellence, Jul 2007
For further information, please contact:
John Gallagher +1 212 250 4516
About Deutsche Bank
Deutsche Bank <NYSE: DB> is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 75,140 employees in 75 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Global Transaction Banking comprises commercial banking products and services for corporate clients and financial institutions, including domestic and cross-border payments, professional risk mitigation for international trade, asset and liability management and the provision of trust, agency, depositary, custody and related services. Business units include Cash Management, Trade Finance, Trust & Securities Services and Capital Market Sales. We emlpoy over 3,800 professionals in more than 35 countries.
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