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. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Awards for excellence - Deutsche Bank

The world’s best bank at cash management and payments

Deutsche Bank has been progressing in leaps and bounds in cash management in the past three years, gaining stronger and stronger responses from customer surveys, particularly in Europe - where it's the number one euro clearer with a market share of 28% in cross-border payments - but also increasingly in Asia and the US.

Recent high-profile mandates include being appointed by ABB for pan-European payments covering 16 countries, from General Motors and Deutsche Telekom for pan-European cash management. It has also won pan-Asian cash management mandates from KLM Royal Dutch Airline and from Bloomberg. And it has a growing number of US assignments mainly from financial clients.

For the moment it may still lag in the US corporate market, but there is a definite plan in place to fix this. Meanwhile what distinguishes Deutsche from other leading global banks, such as Citigroup and JPMorgan, is that the bank aims to reach a much broader range of customers including many more middle-size corporates and financial institutions.

"We have a large target market," says Andrew England, head of product management at Deutsche Bank's global cash management. "While other global banks might look to the top end of the corporate market, we'll go all the way down to middle-tier companies."

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.


Unlimited access to and

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


Unlimited access to and, 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


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