Emerging Markets Best debt house: Deutsche Bank

July 13, 2006

The bank has gone from rank outsider to top underwriter in less than five years.

Euromoney Awards for Excellence 2006
Emerging markets Best bank
I Emerging Markets Best investment bank I Emerging Markets Best debt house I Emerging Markets Best equity house I Emerging Markets Best M&A house

Also shortlisted in this category:
Citigroup
Credit Suisse

In 2002, Deutsche Bank was a second-tier player in emerging markets debt. It was ranked outside the top five bond underwriters in the league tables and was barely considered as a bank that could execute groundbreaking transactions. Today, the story could not be more different.

League tables are not the most important criteria for these awards, innovation is. But in the 12 months from May 2005, Deutsche achieved a feat that is rare in the emerging markets – according to Dealogic it ranked number one for all international bonds for each emerging region: Asia-Pacific ex-Japan; EEMEA and Latin America. In that time, the German institution also underwrote more emerging markets bonds than any other bank – 81.

“Integration has made discussions with corporate clients more powerful”
Pablo Calderini