A flurry of mandates has pushed Deutsche Bank up three places to the top of the Financial News European investment banking league table for the first nine months of this year.

The German bank, ranked fourth at the half-way stage, unseated JP Morgan, which held the top spot for the last two quarters. Morgan Stanley, second at the half-way stage, was pushed into fifth place. Deutsche Bank increased its combined market share across mergers and acquisitions, equity capital markets and debt capital markets over the last quarter to reach 41%. At the end of the second quarter, its combined share was 31.8%.