Deutsche Bank gains market share in fixed income to rank No 1 globally
Greenwich Associates’ 2014 Global Fixed Income survey, published today, shows Deutsche Bank has increased its fixed income market share by 10 basis points to 10.1% over the past year to rank No.1 for the fifth year running.
Colin Fan, Co-Head of Corporate Banking & Securities, said: “The results confirm that our strategic realignment of the business is paying off with clients. We are focusing on areas where we can put our balance sheet to the best possible use and where clients need us most.”
The survey polled over 4,000 fixed investors around the world and is an industry benchmark.
Greenwich stated in its 2014 Greenwich leaders: Global Fixed Income publication: “In a time increasingly defined by the implementation and consequences of new regulations, Deutsche Bank has established itself as the leader in global fixed- income trading market share.”
The survey revealed gains for Deutsche Bank in government bonds and investment grade corporate bonds in a year when the Bank moved resources to these areas from lower priority businesses including credit default swaps.
Deutsche Bank also increased its market share with US clients by 80 basis points to rank tied first in the largest fixed income market in the world.
Separately, Deutsche Bank was a top 2 arranger of international bonds in 2014 according to Thomson Reuters, and ranked No 1 for Euromarket issues.