Deutsche Bank has been awarded “Best Flow House in the Middle East" and "Best Equity House in the UAE" in Euromoney's Awards for Excellence 2013.
Ashok Aram, Deutsche Bank’s Chief Executive Officer for the Middle East and North Africa region said: “We are very pleased winning these two prestigious awards which reflect Deutsche Bank's strong commitment to the region. The flow business has been an integral part of our revenue stream regionally and has weathered well the turmoil of the financial crisis and the political upheaval. The sharp pick up of market share we achieved, reflects our ambitions to be the number one flow house in the region.”
Ahmed Beydoun, Deutsche Bank’s Head of Equities for the Middle East and North Africa region said: “It is very gratifying to receive this recognition from Euromoney. The award recognizes the significant investments that Deutsche Bank has consistently made in its equity franchise in the United Arab Emirates throughout the years. Deutsche Bank is strongly committed to the local markets which offer huge potential and great opportunities.”
The Euromoney Awards for Excellence are in their 22nd consecutive year, they continue to be one of the most respected awards in the financial services industry.