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Deutsche Bank Ousts Goldman as Broker Getting Best Stock Prices


“We’ve had a pretty good crisis,” says Barry Bausano, smiling as he surveys Deutsche Bank AG’s sprawling 35,000-square-foot equities trading floor in downtown Manhattan. Behind him, on bookshelves in his glass-walled office, sit two copies of “Too Big to Fail,” along with “Liar’s Poker” and “Triumph of the Optimists,” which tracks 101 years of worldwide investment returns.

Bausano, 47, who heads the Frankfurt-based bank’s equities division in the Americas, has reasons to be upbeat, Bloomberg Markets magazine reports in its April issue. Deutsche Bank got the best stock prices for institutional clients both globally and in North America during the 12 months ended on Sept. 30, 2010, according to data compiled for Bloomberg Markets’ worldwide ranking of equities brokers.