March 30, 2023
Deutsche Bank named World’s Best Bank for Entrepreneurs by Euromoney
The leading European based Wealth Manager wins three awards in Euromoney’s Global Private Banking Awards 2023.
Deutsche Bank’s International Private Bank (IPB) won three industry leading awards overnight in London at the prestigious Euromoney Global Private Banking Awards 2023, where it was named:
- World’s Best Bank for Entrepreneurs
- Best Domestic Private Bank in Germany
- Best International Private Bank in Spain
The Euromoney Global Private Banking Awards are the pre-eminent awards for private banking and wealth management excellence and leadership.
Awarded the global title of World’s Best Bank for Entrepreneurs, Euromoney lauded Deutsche Bank’s IPB for its Bank for Entrepreneurs ‘one bank’ offering, which has recorded early success in Spain and Italy. The IPB was recognised for sharpening its coverage of mid-cap corporates across Europe, the Middle East and in Asia Pacific by investing in the industry’s leading talent, and for outperforming peers on nearly all reported metrics while effectively managing its risk profile in some of the most volatile markets in recent history.
The business unit recorded a strong financial performance last year, attracting net new assets and net new loans while delivering sustainably profitable growth across both businesses - Bank for Entrepreneurs/ Wealth Management and Premium Banking.
Deutsche Bank's Head of International Private Bank and CEO EMEA, Claudio de Sanctis said: “Winning these three Euromoney awards recognises both IPB’s disciplined transformation and our market outperformance across the board, but especially in Germany and Spain. Being named the World’s Best Bank for Entrepreneurs is particularly gratifying, and recognises our global strength, innovative ‘one bank’ proposition and the valuable advice we provide entrepreneurs and their families. I extend my heartfelt congratulations to all the teams who have worked so hard to make this vision a reality for IPB, and thankyou to our clients for their continued trust and belief in us.”
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About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.