July 25, 2014

Deutsche Bank ranked No. 1 in Overall U.S. Fixed Income

Deutsche Bank ranked “No. 1* in Overall U.S. Fixed Income” according to Greenwich Associates’ annual study of more than 1,000 leading U.S. institutional investors, once again recognizing our strength in the U.S.

We would like to thank our clients for their ongoing support and look forward to continued growth in our partnerships.

To see a list of our current awards, please visit: db.com/awards

*Deutsche Bank tied with Goldman Sachs, Citi and J.P. Morgan – Overall U.S. Fixed Income Market Share, Greenwich Associates Study 2014. Deutsche Bank is the only bank to have achieved the No.1 ranking for 5 consecutive years.

Greenwich Share Leader(SM) designations reflect solely the views reported to Greenwich Associates by study research participants. The information contained herein is strictly for informational purposes and does not constitute and shall not be construed to constitute any contractual or non-contractual obligation or liability of Deutsche Bank AG or any of its affiliates, including Deutsche Bank Trust Company Americas (collectively "Deutsche Bank“), nor shall this or the content herein be construed as advice, an offer or a solicitation of any nature whatsoever nor is this print advertisement or its contents intended to be relied upon by any person. Deutsche Bank makes no representation as to the accuracy, completeness, or timeliness of such information. Deutsche Bank shall not be held liable for the authentication of or compliance with the information contained herein nor does Deutsche Bank assume any obligation to update any such information. No part of this may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Copyright © 2014 Deutsche Bank AG. All Rights Reserved.



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