Investment Banking

Deutsche Bank ‘well-positioned’ for IPO rebound after hiring spree, European investment bank boss says

Numis deal will also see the German lender benefit as capital markets spark back to life, Henrik Johnsson tells Financial News

‘Last year we did the reverse of what people did’
‘Last year we did the reverse of what people did’ Photo: Ore Huiying/Getty Images

Deutsche Bank’s co-head of investment banking in Europe believes the German lender’s hiring spree last year will help it compete for listings as moribund capital markets start to show signs of life.

2023 was a brutal year for dealmakers. As listings hit lows not seen since the financial crisis, and M&A activity slumped, banks including Citi, Morgan Stanley and Goldman Sachs let thousands of bankers go.

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