If the award for best short-term debt house was given on the basis of strength in the ECP and EMTN market, Deutsche Bank would come out top, although in Europe, Citigroup gives Deutsche a run for its money. But Deutsche does not have the same dominance in the far larger US money markets, or the global strength in origination and trading and reputation for product innovation that Goldman Sachs has.
The fact that the bank has over $200 billion outstanding in the CP market globally, despite the contraction of the USCP market in 2002 and 2003, where it is the top- ranked dealer and arranger, is testament to the bank’s global might.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
