ECM Bank of the Year for DACH
Deutsche Bank has been named ECM Bank of the Year in Germany, Austria and Switzerland (DACH) in the Global Capital ECM (Equity Capital Market) Awards 2021. The bank was ranked the number one bookrunner for German IPOs (initial public offerings) in 2021, including About You, Vantage Towers and Synlab, which contributed to the awards success. Deutsche Bank has also been ranked the number one global coordinator of IPOs in Germany, Austria and Switzerland over the past four years.
The award was decided by GlobalCapital’s equity capital markets editorial team, based on research on market activity in 2021, together with pitches made by banks.
Josef Ritter, Deutsche Bank’s Global Co-Head of Equity Capital Markets, said: “2021 was a standout year for ECM in Germany, Austria and Switzerland, with 18 percent of issuance originating from the region. Deutsche Bank was ranked the number one bank across all investment banking products in the region including IPOs. This award from Global Capital is recognition that Deutsche Bank is the trusted choice for clients in the region.”
Deutsche Bank was also recognised on awards for two outstanding ECM deals of 2021. The bank was named as joint global coordinator and joint bookrunner on Lufthansa’s 2.16 billion euro rights issue in October 2021, highlighting the bank’s ability to advise on large complex transactions. It was also named as joint bookrunner on Vonovia’s 8 billion euro rights issue in December 2021.