Deutsche named best private bank by Euromoney again
Last year, it was discussed that Deutsche Bank has earned the award as the best private bank in the Cayman Islands in the Euromoney private banking survey, which was released by Deutsche Bank on January 8, 2007.
This year, Deutsche Bank has been named as best private bank in the Cayman Islands again. The prestigious Private Banking and Wealth Management Survey 2008 carried by Euromoney magazine has awarded the Bank for the 2nd time.
The same as last year, the survey by Euromoney reflected 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.
In 2008, Deutsche Bank located in the Cayman Islands as well as in Jersey, Guernsey and Mauritius, is celebrating its 25th anniversary in Cayman. It continues to build its specialist services range through the growth of its financial intermediaries team and through expanding its offering to the captive insurance market of Cayman.
Jean-Claude Emard, chief country officer of Deutsche Bank Cayman, said that it was a great pleasure to be named at the top of the rankings in this prestigious survey for the 2nd year in succession.
It is also worth mentioning that Deutsche Bank’s offshore group was recognised in all the 4 jurisdictions, and its offices in Jersey, Guernsey and Mauritius are also being named top in the regional section of the survey. Globally, Deutsche Bank came 5th in the overall worldwide rankings, which is up one place from 2007 rankings.
The rankings for the survey serve as the basis for the Euromoney Private Banking Awards, which will be presented on January 31, 2008 in London.