Deutsche Bank is hoping its aggressive hiring spree that added over 100 investment bankers in the past 17 months will start powering revenues and cut its reliance on bond trading, Owen Walker and Olaf Storbeck of The Financial Times reports. In total, the company recruited 125 investment bankers, with 75 joining at managing director or direct level. Further, Deutsche’s purchase of Numis brought in a further 300 staff.
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