Deutsche Bank Cayman Claims Private Banking Awards Hat-trick

5 February 2009

Contact: Sari Cuming, Marketing Manager,

Source: Deutsche Bank (Cayman) Limited

Location: Cayman Islands

Deutsche Bank has earned the accolade of the Best Private Bank in Cayman for the third year running in the prestigious Euromoney Private Banking and Wealth Management Survey 2009.

The survey reflects the opinions of private banking professionals across the globe and takes into account a variety of factors including assets under management, profitability, ratio of clients to relationship managers and the range of services offered.

The results of the survey, considered to be the benchmark poll for the global wealth management industry, are announced this week and include an impressive list of the world's best private banks. Divided into areas of service and geographical regions, the survey provides a qualitative and quantitative review of the best services in private banking around the world.

This is the third successive year that Deutsche Bank has been named in the top spot in Cayman. The Bank is continuing to build on its range of specialist services in the jurisdiction this year by expanding its team locally and preparing to launch a dedicated Foreign Exchange desk.
Janet Hislop, Chief Country Officer of Deutsche Bank in the Cayman Islands, commented:

"I am delighted that Deutsche Bank has been named at the top of the rankings in Cayman yet again in this prestigious Euromoney survey. The staff here work incredibly hard to consistently deliver a first class service to our clients and coming top for the third successive year in the survey is testament to their commitment to performance. It is particularly pleasing that this has been recognised again by so many private banking professionals in a highly challenging market."

The rankings for the survey are the basis for the Euromoney Private Banking Awards, which will be presented at the Euromoney Private Banking Awards Dinner in London on 19th February 2009.