Deutsche Bank claims top spot in annual Private Banks Awards

8 January 2007

Contact: Sari Cuming, Marketing Manager, sari.cuming@db.com

Source: Deutsche Bank International Limited

Location: Jersey, Guernsey, Cayman

Deutsche Bank has earned the accolade of the best private bank in the Channel and Cayman Islands in the prestigious Euromoney Private Banking Survey 2007.

The survey reflects the opinions of both advisers to private clients and other wealth management companies. The survey also takes into account a wide range of factors including assets under management, profitability, ratio of clients to relationship managers and the services offered.

The results of the survey, which is a benchmark poll for the industry, were announced this week and include an impressive list of the world’s best private banks, fund and investment management houses, and private client stockbrokers. The survey provides a qualitative and quantitative review of the best services in private banking, organized by region and areas of service.

Whilst Deutsche Bank has featured in the top end of the rankings in the Channel Islands section since the listings were started in 2003, this is the first time the Bank has been named in the top spot.

The award comes at a particularly significant time for Deutsche Bank, which is celebrating its 35 year anniversary in the Channel Islands this year, with a number of celebratory events planned throughout the year.

It is also an important phase for Deutsche Bank in Cayman, which is continuing to build on its range of specialist services this year through the expansion of solutions available to the Cayman Captive Insurance market.

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