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Investment Banking

Deutsche Bank’s dealmaking fees jump 24% as debt underwriting, M&A rise

The German lender has been on a hiring spree of senior bankers

Christian Sewing, chief executive officer of Deutsche Bank, is the latest bank boss in the spotlight
Christian Sewing, chief executive officer of Deutsche Bank, is the latest bank boss in the spotlight Photo: Krisztian Bocsi/Getty Images

Deutsche Bank’s dealmaking fees jumped 24% in the third quarter, kicking off an earnings season for European lenders after Wall Street rivals unveiled a surprise boost in investment banking revenue for the period.

The German lender’s origination and advisory business brought in €401m in the third quarter, which was ahead of analyst expectations as debt underwriting fees jumped.

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