Saturday, July 23, 2011

Deutsche Bank, the bank acknowledged

Deutsche Bank was voted the best bank in the year according to the authoritative business magazine International Financing Review (IFR) In particular, there were sure to achieve the bank in all areas, including retail and commercial banking, work with wealthy clients and wealth management, despite the high volatility of sovereign debt issues in Europe and the sharp fluctuations appetite of investors. Deutsche Bank became the Bank of the Year for the third time since 2003, Interfax-Ukraine. «Deutsche Bank one of the few recorded a decent profit in a difficult third quarter of 2010 and earned more money for the 9 months of this year than in all of 2009," - wrote IFR. In addition, a leading commercial bank in Germany participated in the most high-profile transactions year, including the largest IPO in history - Offering Agricultural Bank of China to 22.1 billion Deutsche Bank also organized the placement of bonds for Ireland, Greece and Spain in the most difficult time this year, and has acted as a consultant to the U.S. Treasury. In the U.S., Deutsche Bank advised Kraft and Ford Motor, and organized one of the largest M & A deals this year - the merger of Qwest and CenturyLink worth $ 23 billion market of fixed income instruments was recognized as the best bank Barclays Capital, which managed over the past year to integrate the assets of Lehman Brothers and achieve good results in the bond markets in many countries. Goldman Sachs was named the best bank among those working in the stock market, despite the damage to his reputation as a result of investigations in the U.S.. In terms of lending one in 2010 could not compete with Bank of America Merrill Lynch. After completion of takeover of Merrill Lynch Bank came to the forefront of the world's credit markets. Mainly by the issuer of the year edition IFR considered Lloyds Banking Group.

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