Deutsche Bank counting on investment bank hiring spree to pay off
Stay informed with free updatesSimply sign up to the European banks myFT Digest -- delivered directly to your inbox.Deutsche Bank is counting on an aggressive hiring spree that has added more than 100 investment bankers in the past 18 months to start powering revenues and cut its reliance on bond trading.Since the start of 2023, Germany’s largest lender has recruited 125 investment bankers, including from Credit Suisse, with 75 joining at managing director or director level. Deutsche’s purchase of UK broker Numis, completed in October, brought in a further 300...