| Topic Name: |
Deutsche is #1 |
| Message Name: |
i agree |
| Date Posted: |
05/01/2000 |
| In Reply To: |
Ok.. this is a message from someone who KNOWS about Deutsche Bank.. I was a Summer Associate there and had an option to return, but opted to take an offer from a U.S. BB.
Everyone can stop this back and forth "my bank is better" business.. cause it doesn't make sense.
In the U.S., Deutsche Bank is middleish strong (same ballpark as Bear, except for Tech, Health care, and IPOs where DB shines).. though it is building its ops.. In Europe.. it is a preeminent player.. in Asia, it is a leading bond house and restructuring advisor.. on all 3 continents.. DB M&A Sucks.. it doesn't get the same kind of mandates as the corp. fin. side.. i.e. it can get Infineon IPO, but could never get the Time Warner/AOL
In any case, the bank is moving up the tables, but still has serious problems to deal with: A confused culture that is made up of millions upon millions of sub-cultures, a middle league M&A practice, building its equity practice in Asia, rising higher in the leagues in the U.S.
Lets look at this realistically: to the naysayers, you are blind because DB is certainly a force in the business.. but it is not THE one yet... lots of potential.. lets wait and see |
| Message: |
its always a sign that immature analysts/analysts to be are fighting when I hear this "we're #1" business.
Look, Deutsche Bank is a fine firm with great talent and a compelling competitive position.
If you work there, you should know that and be happy with it.. don't go around getting yourself into a fight you don't want to fight.
Just stop all of this nonsense--all of you DB and non DB people.. didn't they teach you anything in college? act like adults
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