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Investment Banking

Berenberg pushes to double corporate broking clients as rivals struggle

The German bank is embarking on a fresh push in UK dealmaking

Mortlock says the UK capital markets are on the cusp of a recovery
Mortlock says the UK capital markets are on the cusp of a recovery Photo: Berenberg

Berenberg is aiming to double its number of corporate broking mandates to 140 as the German-headquartered investment bank kicks off a UK expansion amid ongoing consolidation among its rivals.

The bank, which started a UK investment bank from scratch seven years ago, is embarking on a fresh push in the country ahead of an expected bounce back in activity, its managing partner David Mortlock told Financial News.

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