Deutsche Bank has moved to suppress speculation that the beleaguered European firm may seek to wind-down its investment banking operations in the U.S., with one prominent figure at the bank telling CNBC that it was positioned for a long future in the country.
"We're all in a long-term game", Alasdair Warren, Deutsche Bank's head of corporate and investment banking (CIB) EMEA, told CNBC Wednesday.
Addressing the importance of following a coherent cross-border strategy, Warren clarified that the U.S. CIB division formed an inseparable component of the German bank's offering.
"We have built over the last fifteen, twenty years a global franchise and if you're going to be globally relevant you have to have a meaningful presence in the U.S. in the same way you've got to have a meaningful presence in Europe - which we clearly have - and a meaningful presence in Asia," he posited.
"That will continue," Warren confirmed.