Deutsche Bank wins awards for work in Cayman
Deutsche Bank has earned the award as the best private bank in the Cayman Islands as well as in the Channel Islands in the Euromoney private banking survey 2007. This news was released by the Bank on January 8, 2007.
The survey by Euromoney reflects the opinions of advisers to private clients and other wealth management companies taking into account many factors such as assets under management, profitability, the services offered, ratio of clients to relationship managers, etc.
The results of the survey include a long list of the world’s best private banks, fund and investment management houses and private client stockbrokers to provide a qualitative and quantitative review of the best services in private banking.
Deutsche Bank located in Cayman, Jersey and Guernsey has been named in the top spot of the rating for the 1st time.
For Deutsche Bank in Cayman this award is very significant as this year it is continuing to build on its range of specialist services by means of the expansion of solutions available to the Cayman Captive Insurance market.
Deutsche Bank Offshore Group is operating in Cayman, Guernsey, Jersey and Mauritius employing more than 450 staff. The offshore group operates a geographic franchise on behalf of Deutsche Bank AG – its parent – present in Cayman, Guernsey, Jersey, Mauritius, Delaware, Luxembourg, Ireland, the Netherlands and Switzerland supplemented by a representative presence in Singapore, Hong Kong and New York.
Globally, Deutsche Bank has reached 6th Place (as compared to 12th last year) in the Euromoney Private Banking Survey 2007.