London, February 8, 2011

Deutsche Bank rises to No 1 in European equity research, according to Institutional Investor survey


Deutsche Bank announced today that it has been ranked No 1 for the first time on Institutional Investor’s 2011 All-Europe Research Team, the magazine’s 26th annual ranking of the region’s best sell-side equity research analysts.

The magazine surveyed more than 1,900 money managers and investment officers at about 700 institutions, managing an estimated $5.6 trillion in European equities.

Deutsche Bank won 37 positions in the survey, 20 more than last year. It had six teams in first place, up from two, and five in second place, also up from two.

Institutional Investor said in a press release today: “As fears of sovereign-debt default have spread across Europe and sent markets reeling, anxious investors demand up-to-the-minute information on the unfolding crises. The analysts who do the best job of meeting those demands can be found at Deutsche Bank, which catapults from sixth place last year to finish in first place for the first time on the All-Europe Research Team.”

The No 1-ranked teams were:
- Chemicals: Timothy Jones & team
- Retailing/General: Rodney Whitehead & team
- Equity Derivatives: Pamela Finelli, Nicolas Mougeot & team
- Aerospace & Defence: Benjamin Fidler & team
- Small- & Midcapitalisation Stocks: Luis Fañanas Martinez & team
- Germany: Andreas Neubauer & team

David Folkerts-Landau, Global Head of Research at Deutsche Bank, said: “We have invested consistently in research in recent years and are pleased that our clients recognise the quality, focus and timeliness of our analysis.”

In addition, Deutsche Bank was placed second on Institutional Investor’s 2011 All-Europe Fixed-Income Research Team announced last week. The bank had five teams ranked in first position: General Strategy, Economics, Interest Rate Strategy, Investment Grade Strategy and High Yield Basic Materials. It came second in High Yield TMT.


For further information, please call:

Deutsche Bank AG                                

Alison Taylor                                
Phone: +44 (0) 20 7545 7790        
E-Mail: alison.taylor@db.com        


About Deutsche Bank

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 100,000 employees in 74 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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