Deutsche Bank acquires UK broker Numis

Deutsche Bank has completed its full acquisition of London-based boutique investment bank, Numis, the German bank said on Friday.

The acquisition aims to expand the bank’s links with UK corporate clients.

Deutsche Numis is set to witness more than 170 corporate broking relationships and provide advisor, corporate broking, and equity capital markets services.

According to the bank, Alex Ham and Ross Mitchinson are now co-CEOs of the combined business.

The deal is set to expand the bank’s reach into Europe’s largest investment banking market, said Fabrizio Campelli from Deutsche’s investment bank.