Investment Banking

Deutsche Bank’s UK MD numbers slide for the first time in four years

The German lender’s senior headcount in the UK fell by 22 people in 2024, according to newly-released figures

Deutsche Bank has been on a recruitment spree of senior investment bankers
Deutsche Bank has been on a recruitment spree of senior investment bankers Photo: Mike Kemp/Getty Images

The number of managing directors working at Deutsche Bank’s UK operations declined by 22 last year, even as the German lender has ramped up dealmaker headcount globally. 

Deutsche Bank ended 2024 with 516 managing directors in its UK business, according to newly-released accounts for DB Group Services (UK) Limited. 

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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