Investment Banking

Deutsche Bank cements McCarthy & Stone role

Deutsche Bank has been named joint broker to the recently-listed housebuilder McCarthy & Stone, a high-profile win for the German bank coming shortly after it emerged it had taken the same role at BAE Systems.

McCarthy & Stone's Elles House assisted living site in Sutton
McCarthy & Stone's Elles House assisted living site in Sutton Photo: McCarthy & Stone

Deutsche Bank has been named joint broker to the recently-listed housebuilder McCarthy & Stone, a high-profile win for the German bank coming shortly after it emerged it had taken the same role at BAE Systems.

McCarthy & Stone, which re-listed on the London Stock Exchange in November 2015 and has a market cap of around £1.4 billion, named Deutsche Bank and Peel Hunt as its corporate brokers in a stock market announcement on February 1.

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