Deutsche Bank completes Numis acquisition 13 October 2023UK Reporter: Lucy Carter
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Deutsche Bank has completed its acquisition of Numis Corporation, establishing Deutsche Numis as a UK investment banking and advisory services provider.
Deutsche Numis will provide advisory services, corporate broking and equity capital markets, covering initial public offerings, research, sales and execution. With access to Deutsche Bank’s international network and wider range of corporate financial capabilities, the company will be well-placed to support financial services clients across the UK.
Alex Ham and Ross Mitchinson have been appointed co-CEOs of Deutsche Numis, reporting to Deutsche Bank’s co-head of EMEA investment banking Henrik Johnsson. The former chairman of Numis, Luke Savage, will continue to serve as a board member.
Fabrizio Campbell, head of corporate bank and investment bank at Deutsche Bank, says: “The combination of Deutsche Bank’s UK and Ireland corporate finance business with Numis is a perfect partnership.
“The transaction is strongly aligned to our Global Hausbank strategy, allowing us to expand our reach amongst UK and international corporates in Europe’s largest investment banking market, and underlines our long-term commitment to the UK. We are proud to introduce Deutsche Numis as a leading corporate broker in the UK.”
Mitchinson adds: “Continuing to deliver for our people and our clients will be at the heart of Deutsche Numis and we are confident that the professionalism, high performance, and client service that has long underpinned both companies will only be further enhanced by this combination.
“We look forward to continuing to build our position in UK investment banking, enhanced by the scale and strength of Deutsche Bank, including the ability to draw on a global industry capability and a broader array of financing solutions.”
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