Deutsche Bank wins Euromoney FX survey for 8th consecutive year
Deutsche Bank sets targets for volumes of EUR 1 trillion every week by the end of 2013
Deutsche Bank has been placed first for the eighth consecutive year in Euromoney’s annual foreign exchange survey with 14.6% of overall market share. This industry benchmark survey result demonstrates the bank’s consistent delivery of best-in-class products and client service.
Deutsche Bank’s Global Head of Foreign Exchange, Zar Amrolia said, “Deutsche Bank leads the market in advising clients and offering new services, which is reflected in our success in this industry benchmark survey. We do not take this achievement for granted and in 2012 will be delivering new products and electronic services to our clients that will set new standards for the industry.
“By the end of 2013 the result will be that we will trade at least EUR 1 trillion every week.”
Commenting on reasons for Deutsche Bank’s success in 2011, Mr Amrolia said, “People, technology and innovation are key to success. These differentiators allow us to offer clients the best liquidity, product variety, post-trade services and sophisticated trading technology that consistently keeps us at number one.”
The results of the poll reflect the bank’s overall success in foreign exchange, with three consecutive record quarters by volume and sustained strong FX revenues.
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About Deutsche Bank
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 72 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.