Deutsche Bank

Deutsche Bank is the heavy institutional name in German banking, the one corporations, markets clients and internationally minded customers associate with scale, deal-making and cross-border reach. By our assessment, its strength is exactly that breadth: investment banking, corporate banking and wealth services sit under one huge umbrella, which gives it weight far beyond a simple retail account. The honest downside is that this kind of bank can feel complex and impersonal, with more process and less everyday friendliness than a modern app bank. In practice it is a serious, layered service rather than a light consumer product, and that changes the way people use it. Against Commerzbank it is usually seen as the more global and market-facing of the two, while the online challengers sit in a completely different lane. Deutsche Bank is based in Germany, and its reputation is tied to being one of the country’s biggest universal banks.