Germany

BEST BANK
Deutsche Bank

BEST DEBT HOUSE
Deutsche Bank

BEST EQUITY HOUSE
Morgan Stanley

BEST M&A HOUSE
Deutsche Bank

Some Euromoney awards for excellence effectively award themselves. In Germany, Deutsche Bank does more of just about everything, often arguably to a higher standard, than any other bank. Therefore, it is the best bank in Germany.

In the first quarter of this year, it fulfilled its ambition of a pre-tax return on equity of 25% in style – the figure went to 33%. At the end of March, DWS Investments had a 24.3%