Deutsche Bank, which appointed a new head of equity capital markets for the Americas this week, will continue to hire in the US as it bids to replicate the success of its European business in the country.

Mark Hantho, global co-head of equity capital markets at Deutsche Bank, told Financial News: "We are already very strong in Europe and Asia and we have ambitions to be a significant player in the US. We have an opportunity as there are fewer truly global firms."