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Deutsche Bank set for UK dealmaking push as £410m Numis takeover completes

Deutsche Numis will have 170 corporate clients and 155 dealmakers

Will the German lender's UK broking play pay off?
Will the German lender's UK broking play pay off? Photo: Krisztian Bocsi/Getty Images

Deutsche Bank is set to upend the UK investment banking landscape after completing the £410m acquisition of City broker Numis, which will create a team of 155 dealmakers focused on the country.

The German lender has unveiled 'Deutsche Numis', the rebranded combined entity, which seems certain to shake-up the UK investment banking league tables as the City's biggest broker is handed the balance sheet of a bulge bracket bank.

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