Deutsche Bank

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Deutsche Bank is a German Bank that was founded in 1870, with headquarters in Frankfurt, Germany. The Bank has two main divisions, 1) Corporate and Investment Banking (CIB), which includes M&A, ECM, DCM, etc. (called “Global Banking”) and sales and trading activities (called “Global Markets”), and 2) Private Client and Asset Management (PCAM), which includes investment management business and the retail business.

Deutsche Bank initially started as a commercial bank in Germany before gradually expanding globally, playing a key role in the development of the German Industry. Its first steps in investment banking are very recent and only started with the acquisition of Morgan Grenfell (a UK investment bank) in 1989, followed by the acquisition of US Investment Bank Bankers Trust in 1998 for $10bn. Deutsche Bank only became a significant Investment Bank over the last 5 years, during which it saw rapid transformation and becoming less and less reliant on its commercial business and less Germany-centric. Today, the major slice of profits comes from the investment banking business. Deutsche Bank is now fully global and employs 80,000+ people in 72 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets with key offices in New York, London, Frankfurt, Hong Kong and Tokyo. The offices in London are located in Liverpool Street, near Liverpool Street station Deutsche Bank’s CEO is Swiss Josef Ackermann since 2002, joining from Credit Suisse where he was President of the Board. Michael Cohrs, an American who was previously at Goldman Sachs and SG Warburg, is the head of investment banking

Features and Rankings

Features

> Global Investment Bank with a an increasingly well recognised brand name globally, and strong positions in the US, Asia and Europe

> Deutsche Bank is a debt powerhouse, consistently topping rankings in financing league tables. This means that the bank will be able to leverage its financing strength to get M&A mandates

> Historically, Deutsche Bank has been a very Germany-centric, debt-focused bank with little M&A presence. To this day, Deutsche Bank is still a Financing and Debt Powerhouse, consistently in the top 5 or top 3 rankings for financing transactions globally, and almost always no. 1 in Europe. However, the bank has been gradually diversifying and has climbed the M&A league tables steadily. Today, the bank is still consistently ranked in the top ten, usually floating between rank number 5 and number 10 globally and in Europe. It is also often considered as one of the “Bulge Bracket” bank.

Rankings 2010

Global M&A: #6

European M&A: #5

US M&A: #8

Asia-Pacific M&A: #5