Euromoney, the flagship international business and financial magazine, recognised Deutsche Bank as “Best Global Bank 2011,” at its annual Awards for Excellence ceremony on Thursday evening in London.
In citing Deutsche Bank for Euromoney’s top honour, the magazine’s editors said: “What’s most remarkable about Deutsche is that it has been posting excellent returns at a time of huge change in every single part of its business. And these changes look like they will stand the bank in very good stead as banking recalibrates to a post-crisis, Basel III world.”
Dr. Josef Ackermann, Chairman of the Management Board and of the Group Executive Committee at Deutsche Bank, accepted the award and said: “For all of my colleagues, this award validates the work we have done in the last few years to successfully transform Deutsche Bank. Since 2008, we have fundamentally recalibrated our corporate and investment bank and, in our private clients business, we seized opportunities to make game-changing acquisitions. To see this work recognised by Euromoney is very gratifying indeed.”
Euromoney bestowed over 20 other awards on Deutsche Bank, including: Best Global Emerging Market Debt House, Best Global Debt House, Best Global Flow House and Best Bank Germany.
Photo: Euromoney Award 2011
(Clive Horwood, Editor Euromoney / Dr. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee Deutsche Bank AG / Alexander Armstrong, TV-Presenter)
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Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. 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 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates. www.db.com