Deutsche Bank, Goldman Sachs and JP Morgan have all taken crowns for European investment banking deals in the first quarter, according to preliminary figures from data provider Dealogic.

Deutsche topped the bookrunner rankings for debt underwriting in Europe, the Middle East and Africa, ahead of Barclays Capital and Citigroup. The German bank arranged $49.7bn (€41.2bn) worth of deals, $5bn more than its debt-focused UK rival.