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May 2, 2012

Deutsche Bank Receives 45 “Best in Class” Awards in Global Custodian’s 2012 Securities Lending Survey

Deutsche Bank today announced its Agency Securities Lending business has scored highly in the 2012 Global Custodian Securities Lending Survey. In the published results Deutsche Bank received 45 “Best in Class” awards across all service categories and the highest total score of all participants. The highest individual scores came in the categories of Client Service, Reporting and Risk Management.

Additionally, the Bank received “Top Rated” awards from clients with $1 to $10 billion of assets as well as in the category of Single Provider. Deutsche Bank would have received four additional “Top Rated” awards if not for the publication’s long-standing rule of not permitting a shift of more than one rating category per year.

“The results achieved again this year is evidence of our successful dedication to delivering excellent customer service, managing risk and generating incremental income for our clients across the Americas, Europe and Asia” said Tim Smollen, Managing Director and Head of Agency Securities Lending within Deutsche Bank’s Global Transaction Banking division.

The Global Custodian Securities Lending Survey is one of the largest market surveys and aims to measure the services provided by agent lenders. This year 190 responses were received on behalf of 18 lenders. The survey questionnaire consisted of 33 questions in nine service categories: Earnings Performance, Risk Management, Relationship Management, Collateral Management, Client Service, Product Development, Reporting, Operational Capabilities, and Compliance with Client Guidelines.

“The Agency Securities Lending business is core to DSS’ strategy,” said Thibaud de Maintenant, Managing Director and Global Head of Direct Securities Services (DSS) within Deutsche Bank’s Global Transaction Banking division. “We are extremely pleased to have achieved these results, as delivering excellent service to our clients is crucial to continuing our rapid growth in this segment.”

Deutsche Bank operates one of the world’s largest specialized agency securities lending

programs offering institutional clients a comprehensive and efficient product for generating additional return on their fixed income and equity portfolios. The service is operated by one of the most experienced and respected teams in the market; located in New York, London, Frankfurt, Hong Kong and Singapore.

For more information on Deutsche Bank’s Agency Securities Lending business, visit www.tss.dbusintl.com



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Last Update: May 3, 2012
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