The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

2010 Awards for excellence Investment bank of the year: Deutsche Bank

Jain and Cohrs take Deutsche to a new level

Deutsche Bank has restored revenues and profits at its corporate and investment bank to pre-crisis levels. Doing so has required a complete overhaul of the markets businesses to focus on customer flow in cash markets rather than prop trading and structuring. Investors like this de-risked version. Its M&A franchise has come of age as well. Peter Lee reports.



ON ANSHU JAIN’S first day as sole head of Deutsche Bank’s corporate and investment bank, by far its largest and most profitable division, he sits down with Euromoney to reflect on the enormous changes he has wrought inside the German bank’s core business since the start of 2009. Jain is a now 15-year veteran of Deutsche Bank. He was among the very first hires Edson Mitchell made when he arrived from Merrill Lynch in 1995 to begin one of the great transformations of modern banking: turning a traditional European commercial lender into a global markets powerhouse. Jain, who had run a multi-product hedge fund coverage group at Merrill, first ran the relative-value group and drove the sales effort at Deutsche, before taking over as head of global markets following Mitchell’s untimely death.



You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree