Can Deutsche Bank sustain its remarkable run in Asia-Pacific investment banking in the first half of 2009 and secure a permanent standing as a top-three player across debt, equities and M&A?
It has been traditionally regarded as a solid debt house with strong flow business that dabbles in equities and mergers. The German bank was 11th on the Dealogic table for Asia-Pacific equity bookrunners in the Euromoney awards period of April 1 2008 to March 31 2009, and while rivals describe it as a credible competitor, none would rank it in their top five. Yet in the first half of this year the firm has won a plum IPO mandate, secured a joint venture with Shanxi Securities that should stand it...
