Deutsche Bank deteriorated its position in ranking of leading investment banks, both in Europe and around the world in 2016, according to the data of the analytical company Coalition.
The German bank reduced the allocation of resources to a number of spheres in the framework of the reorganization of operations. In addition, Deutsche Bank faced a certain outflow of customer funds due to concerns about its financial position.
Deutsche Bank, which ranked second among the leading investment banks in Europe in 2015 and in the first half of 2016, shared this position with Goldman Sachs in the last year.
Meanwhile, JPMorgan Chase retained its leadership in Europe and remained the largest investment bank in the world in terms of revenue in the past year.