Deutsche Bank Receives Industry Recognition from Global Custodian; Deutsche Bank Awarded 75 Best in Class Awards and Top Rated Status in All Survey Categories.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank Securities, Inc. today announced that its Global Markets Equity (GME GME granulomatous meningoencephalitis. GME Graduate medical education, see there ) Prime Services and GME Synthetic Equity businesses together have received seventy-five Best in Class awards and Top Rated Status in all categories in the Global Custodian 2006 Prime Brokerage Prime Brokerage A special group of services that many brokerages give to special clients. The services provided under prime brokering are securities lending, leveraged trade executions, and cash management, among other things. Survey. Survey Highlights for Deutsche Bank Global Prime Services: --Top Rated Status in every category --Synthetic Financing scores were highest in the entire survey --Second most Top Ratings and Commended in survey --75 out of a possible 90 Best in Class awards --Ranked Top 3 in every geographic region --Ranked Top 3 in 50% of all categories; Top 5 in 100% of categories "This is a staggering performance by Deutsche Bank," Global Custodian's commentary reads. Deutsche Bank "garners high positions in the rankings across all categories, collecting a full house of top ratings and 75 Best in Class awards." Global Custodian also noted that Deutsche Bank's scores on synthetic financing were the highest in the survey. "The results show that Deutsche's top performance is consistent across all regions, strategies and sizes of funds. We are a business with real, positive momentum and I am delighted that the diligence, dedication to clients and focus of our team has resulted in this wonderful recognition," said Jon Hitchon, Managing Director and Global Head of GME Prime Services and Co-Head of GME Synthetic Equity at Deutsche Bank in London. "I am also pleased that the survey recognizes our superior synthetic financing capabilities and our leading cross margining capabilities across multiple asset classes." "We are honored to be named a Top Global firm by Global Custodian," added Mark Haas, Managing Director and Global Head of GME Prime Brokerage and Americas Head of GME Prime Services at Deutsche Bank in New York. "The results reflect the great strides we have made in this business and we look forward to building on this momentum as we continue to evolve to meet the needs of the dynamic hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" industry through 2006." About Deutsche Bank Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 992 billion in assets and 63,427 employees, Deutsche Bank offers unparalleled financial services in 73 countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people. Deutsche Bank Securities Inc., member NYSE NYSE See: New York Stock Exchange , NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. , is the investment banking and securities arm of Deutsche Bank AG in the United States. www.db.com |
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