Deutsche Bank has won EMEA Equity Issue and Commodities Derivatives House in the 2008 IFR Awards. In the Asia IFR awards, Deutsche Bank was named Best Derivatives House.
In bestowing the award for Commodities Derivatives House, IFR described Deutsche Bank as “a force to be reckoned with”. Commenting on the growth of this business for the Bank, David Silbert, Global Head of Global Commodities, told IFR, “Before, the firm’s attitude was that it would be nice to have this franchise, but now we have to have it. We have seen clients coming to us not just for credit diversification but for deeper relationships.”
Deutsche Bank was also lauded with EMEA Equity Issue of the Year for its capital raising in September. IFR highlighted the Bank’s “supreme skill, judgement and bravery displayed in completing its €2.2bn accelerated bookbuild smoothly at a tight discount without any underwriting”.