Risk, the financial risk management magazine, has selected Deutsche Bank for its top annual honour, Derivatives House of the Year, marking the third time that the Bank has received this honour since 2003.
In selecting Deutsche Bank for the honour, the magazine’s editors cited the Bank’s recalibration strategy and client focus, and said: “Key to the performance was the new focus on institutional client flow business.”
Commenting on the honour, Anshu Jain, Head of the Corporate & Investment Bank, said: “In 2010, we faced the dual challenge of embarking upon the further integration of our corporate and investment bank while serving clients in a volatile market. Risk’s recognition reflects our success in connecting, streamlining and growing our business. We are grateful to our clients, shareholders and employees for their support.”
Risk’s honour follows citations made in December 2010, when International Financing Review (IFR) magazine named Deutsche Bank as its Bank of the Year and Derivatives House of the Year.
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Deutsche Bank is a leading global investment bank with a strong private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 80,000 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
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