Deutsche Bank: On the Hunt Again for Investment Banking Talent

Deutsche Bank is reported to be hiring again for its increasing ambition in investment banking. We have been critical of such moves in the past and continue to see risks that Deutsche will move its focus from a self-proclaimed "Hausbank" toward ambitions of becoming an investment banking powerhouse again. We believe rounding out its capabilities around its corporate finance offering makes strategic sense to strengthen its client relationships. However, we fear that Deutsche may not stop there but will eventually aim for a top spot within global investment banking league tables.