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Deutsche Bank completes takeover of UK broker Numis
  + stars: | 2023-10-13 | by ( ) www.reuters.com   time to read: +1 min
The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File photo Acquire Licensing RightsLONDON, Oct 13 (Reuters) - Deutsche Bank (DBKGn.DE) has completed its takeover of Numis (NUM.L), a London-based boutique investment bank, expanding its links with UK corporate clients, the German bank said on Friday. The combined business, Deutsche Numis, will oversee more than 170 corporate broking relationships and provide advisor, corporate broking, and equity capital markets services, the bank said. Fabrizio Campelli, who oversees Deutsche's investment bank, said the deal would expand the bank's reach into Europe's largest investment banking market. Deutsche Bank announced in April it had agreed to buy Numis for 410 million pounds ($500 million).
Persons: Ralph Orlowski, Alex Ham, Ross Mitchinson, Fabrizio Campelli, Amy, Jo Crowley, Iain Withers Organizations: Germany's Deutsche Bank, REUTERS, Deutsche Bank, Numis, Deutsche Numis, Thomson Locations: Frankfurt, Germany, London
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