Deutsche Bank leads £1.4bn train deal

Deutsche Bank, Lloyds TSB and BNP Paribas have struck one of the largest buyout deals of the year by agreeing to acquire Porterbrook Leasing, a UK train-leasing company, for £1.4bn (€1.7bn).

The takeover of the company, which was at the centre of one of the UK's most controversial privatisations, involves significant commitments from Deutsche.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink