Deals
Deutsche Bank Set to Win Back Share From U.S. Banks, Warren Says
- Head of EMEA investment bank says internal issues hit share
- Seen a decrease in outbound, intra U.K. deals since Brexit
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Deutsche Bank AG is poised to win back market share it lost to U.S. rivals as the German lender completes internal restructuring plans, according to the head of its corporate and investment bank in Europe, the Middle East and Africa.
“The American banks have taken share from us,” said Alasdair Warren in an interview on Bloomberg TV Monday. “Through the latter part of last year and the early part of this we were frankly quite distracted by a bunch of internal related issues.”